GAIL, ONGC, and Shell join hands to explore opportunities for importing ethane

New Delhi: GAIL, ONGC, and Shell have joined hands to explore opportunities for the import of ethane.

The three companies have signed a preliminary agreement with a focus on developing ethane import facilities at Shell’s LNG import terminal at Hazira in Gujarat, GAIL said in a statement.

“Ethane has emerged as a preferred petrochemical precursor in India and development of its import facilities has gained considerable traction. Definite plans are being formulated to import ethane for domestic petrochemical plant requirements,” said Rajeev Kumar Singhal, Director (Business Development), GAIL.