Petrochemical push: ONGC partners with Japan’s Mitsui to build VLECs for Dahej plant

ONGC has partnered with Mitsui OSK Lines to operate two VLECs for importing ethane to OPaL’s Dahej facility. The vessels, costing $370 million, are expected to be ready by mid-2028. This move addresses a supply gap arising from revised LNG contract terms with Qatar, ensuring a steady feedstock supply for OPaL.