Indian Oil LPG Imports: IOC Plans VLGC Stakes for U.S. Supply
Indian Oil Corporation (IOC) plans to acquire ownership stakes in Very Large Gas Carriers (VLGCs) as it prepares to increase imports of liquefied petroleum gas (LPG) from the United States. The move marks the first time an Indian refiner has sought partial ownership of LPG carriers. The strategy aims to reduce freight costs, strengthen supply…
