{"id":657489,"date":"2026-01-07T11:50:17","date_gmt":"2026-01-07T06:20:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=657489"},"modified":"2026-01-07T11:50:17","modified_gmt":"2026-01-07T06:20:17","slug":"50-stake-ongc-forms-joint-venture-with-japans-mitsui-enters-specialised-ethane-shipping","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/50-stake-ongc-forms-joint-venture-with-japans-mitsui-enters-specialised-ethane-shipping\/","title":{"rendered":"50% stake: ONGC forms joint venture with Japan\u2019s Mitsui; enters specialised ethane shipping"},"content":{"rendered":"<p>ONGC will take a 50 per cent stake in two joint ventures with Japan\u2019s Mitsui OSK Lines (MOL) to enter specialised ethane shipping.<\/p>\n<p>The joint ventures will each own a very large ethane carrier (VLEC), with ONGC and MOL holding equal equity. The vessels, with a combined cost of about $370 million, will transport ethane from the US to ONGC\u2019s petrochemical arm, ONGC Petro Additions Ltd (OPaL), starting mid-2028, as reported by PTI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ONGC will take a 50 per cent stake in two joint ventures with Japan\u2019s Mitsui OSK Lines (MOL) to enter specialised ethane shipping. The joint ventures will each own a very large ethane carrier (VLEC), with ONGC and MOL holding equal equity. The vessels, with a combined cost of about $370 million, will transport ethane from the US to ONGC\u2019s petrochemical arm, ONGC Petro Additions Ltd (OPaL), starting mid-2028, as reported by PTI.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-657489","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/657489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=657489"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/657489\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=657489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=657489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=657489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}