IndianOil scouts stakes in LPG carriers ahead of higher US imports from 2027
Indian Oil Corporation is seeking up to two stakes in very large gas carriers to secure freight capacity for planned increases in US LPG purchases from 2027. The move is aimed at managing shipping costs for cooking-gas supply, with vessels to be reflagged to India.
IndianOil is seeking up to two stakes in VLGCs to secure shipping capacity ahead of higher U.S. LPG imports from 2027, aiming to manage freight costs for cooking-gas supply. Acquired vessels would be reflagged to India.
Why this matters
With no related recent signals provided, the move positions Indian Oil to link planned US LPG purchase growth from 2027 with dedicated shipping capacity.
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