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New Delhi – India's Oil and Natural Gas Corporation (ONGC) is actively seeking strategic partners to ensure a stable supply of ethane feedstock for its ONGC Petro additions Ltd (OPaL) petrochemical complex in Dahej, Gujarat.

ONGC has issued an expression of interest (EOI) to collaborate with companies experienced in the operation and management of very large ethane carriers (VLECs), very large gas carriers, and liquefied natural gas carriers. This initiative aims to secure the necessary infrastructure for transporting 800,000 tonnes per year of ethane, which OPaL requires from May 2028 onwards.

OPaL operates a dual-feed cracker capable of producing 1.1 million tonnes per year of ethylene and 400,000 tonnes per year of propylene. The facility relies on a mix of naphtha and C2, C3, and C4 feedstock.

ONGC's plan involves establishing a joint venture company that will handle funding and the construction of VLECs. ONGC will then charter these vessels to transport its ethane requirements.

Interested parties have until March 27th to submit their proposals.

#opal  #ongc  #india  #vlec  #steamcracker  #ethane  #lpg