State-run entities Petronet LNG (PLL) and ONGC have entered into a 15-year Ethane Unloading, Storage and Handling (USH) Services deal, through which the former is expected to earn a gross revenue of ₹5,000 crore.

The USH binding term sheet will commence between October–December 2028 and end on the 15th anniversary of the commencement date, Petronet LNG said.

The USH services deal is for ONGC’s petrochemicals arm, ONGC Petro Additions (OPaL), which operates one of India’s largest petrochemical complexes located at Dahej, Gujarat, which includes a world-scale ethylene cracker unit using ethane as the primary feedstock.

PLL is developing ethane USH facilities with ethane storage tank capacity of around 1.70 lakh cubic meters at Dahej, Gujarat. It is also constructing a unique third jetty a

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