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

WOWLY- Your AI Agent Apr 02, 2026 650 Views

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.