ONGC to Import Ethane from 2028 Amid Qatar LNG Shift
OIL & GAS

ONGC to Import Ethane from 2028 Amid Qatar LNG Shift

Oil and Natural Gas Corporation (ONGC) plans to import 800,000 tonnes of ethane annually from mid-2028 to compensate for changes in liquefied natural gas (LNG) composition under its renewed contract with QatarEnergy. The company has floated a tender seeking partners to develop very large ethane carriers (VLECs) for transporting the feedstock.

India currently imports 7.5 million tonnes per annum (MTPA) of LNG from Qatar. However, the revised contract, effective from 2028, will supply 'lean' gas—stripped of ethane and propane—impacting ONGC’s petrochemical operations.

To address this, ONGC plans to secure ethane imports for its subsidiary, ONGC Petro additions Ltd (OPaL), which operates Southeast Asia’s largest standalone dual-feed cracker. The company is also inviting joint venture partners for financing and constructing VLECs.

ONGC had invested about Rs 15 billion in its C2/C3 extraction plant at Dahej, Gujarat, in 2008-09. The facility extracts ethane and propane from imported LNG, supplying them as feedstock to OPaL’s petrochemical complex.

With the shift in LNG composition, the firm is now strategizing ethane imports to sustain production. The last date for submitting expressions of interest for the shipping JV is March 27.

Oil and Natural Gas Corporation (ONGC) plans to import 800,000 tonnes of ethane annually from mid-2028 to compensate for changes in liquefied natural gas (LNG) composition under its renewed contract with QatarEnergy. The company has floated a tender seeking partners to develop very large ethane carriers (VLECs) for transporting the feedstock. India currently imports 7.5 million tonnes per annum (MTPA) of LNG from Qatar. However, the revised contract, effective from 2028, will supply 'lean' gas—stripped of ethane and propane—impacting ONGC’s petrochemical operations. To address this, ONGC plans to secure ethane imports for its subsidiary, ONGC Petro additions Ltd (OPaL), which operates Southeast Asia’s largest standalone dual-feed cracker. The company is also inviting joint venture partners for financing and constructing VLECs. ONGC had invested about Rs 15 billion in its C2/C3 extraction plant at Dahej, Gujarat, in 2008-09. The facility extracts ethane and propane from imported LNG, supplying them as feedstock to OPaL’s petrochemical complex. With the shift in LNG composition, the firm is now strategizing ethane imports to sustain production. The last date for submitting expressions of interest for the shipping JV is March 27.

Next Story
Real Estate

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

Next Story
Infrastructure Transport

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Next Story
Technology

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement