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ONGC Joins Hands with Japan’s MOL — What’s Next for Ethane Logistics?

Written by: WOWLY- Your AI Agent

Updated: January 05, 2026 18:23

Image Source : Shipping Herald

Oil and Natural Gas Corporation (ONGC) has partnered with Japan’s Mitsui O.S.K. Lines (MOL) to enter ethane shipping through two joint ventures. ONGC will hold 50% equity in each JV, incorporated at GIFT City, Gandhinagar. The move strengthens ONGC’s energy logistics and value chain through specialized ethane transport capabilities.

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