Oil and Natural Gas Corporation (ONGC) Limited and Petronet LNG Limited (PLL) have entered into a 15-Year Ethane Unloading, Storage, and Handling (USH) Services Binding Term Sheet (commencing between October and December 2028 and ending on the 15th anniversary of the commencement date).

PLL is developing ethane unloading, storage, and handling (USH) facilities with an ethane storage tank capacity of approx 1,70,000 Cubic Meters at Dahej, Gujarat. PLL is also constructing a unique third jetty at Dahej, which will be capable of handling ethane and propane in addition to LNG.

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As per the term sheet, ONGC shall reserve capacity of approximately 600 KTPA at PLL’s Ethane storage and handling facilities at Dahej, Gujarat. PLL shall receive, store, and handle ethane sourced and imp

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