Indian Oil scouts gas carriers eyeing high US biz | TheBriefWire
Indian Oil scouts gas carriers eyeing high US biz
Published 29 July 2026 ยท india
Synopsis Indian Oil Corporation is seeking to acquire a fifty percent stake in very large gas carriers. This move prepares the company for increased liquefied
Synopsis Indian Oil Corporation is seeking to acquire a fifty percent stake in very large gas carriers. This move prepares the company for increased liquefied petroleum gas imports from the United States. Indian state fuel retailers will increase their purchases of U.S. LPG starting from the year 2027. The company is looking for vessels that are no more than twelve years old.
Published: July 29, 2026 โข 2:16 PM IST ยท Updated: July 29, 2026 โข 2:36 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis Indian Oil Corporation is seeking to acquire a fifty percent stake in very large gas carriers.
This move prepares the company for increased liquefied petroleum gas imports from the United States.
Indian state fuel retailers will increase their purchases of U.S. LPG starting from the year 2027. The company is looking for vessels that are no more than twelve years old.