Unlocking potential in India
Fuelling India’s Clean Energy Future
BW LPG’s first foray into the fast-growing LPG market in India was the set up of an LPG shipping subsidiary – BW LPG India – in 2017 with a modest fleet of three modern Very Large Gas Carriers (VLGCs). Since then, we have grown to become India’s largest owner and operator of VLGC, accounting for approximately 25% of the maritime transportation of LPG into India.
With strong and stable returns from our Indian subsidiary, we took the next step to advanced our growth trajectory along the value chain. BW LPG Infra, together with strategic partners Confidence Group and Ganesh Benzoplast, made an investment of USD 10 million in late 2023 to construct the largest cryogenic storage facility in JNPA Port, Mumbai.
India’s LPG ports among world’s busiest and most congested
India is among the top 10 busiest LPG import terminals in the world, where ~30% of a typical round voyage can be spent waiting at anchor for terminal ullage to be available. This is a business challenge, and a business opportunity.
Largest cryogenic LPG storage terminal facility near Mumbai (2x 58,000cbm)
Strategic location for future growth
The terminal is located in Maharashtra, the state with the second largest number of active domestic LPG customers. It is situated close to India’s first Propane Dehydrogenation (PDH) plant, and is also linked to a major rail line, ensuring connectivity with growing centers of demand domestically.
Growing our downstream presence through partnerships
In addition to our investment in Navi Mumbai, BW LPG Infra also injected USD 30 million in Mumbai Stock Exchange listed Confidence Petroleum, to gain exposure to LPG downstream distribution business. Though Confidence Petroleum, we have:
- 15 cylinder manufacturing plants
- 690+ bottling and blending plants
- 2300+ LPG dealer network pan-India
- 270+ auto LPG dispensing station
- 40+ CNG stations
Contact Us
We operate globally, providing 24/7 commercial and operational support to our customers. Contact us now at commercial@bwlpginfra.com.
Product Services
BW LPG’s Product Services division supports our core shipping business. We offer a low-risk and fully-integrated product delivery service to our customers
VLGC Fleet List
The world’s largest fleet of Very Large Gas Carriers (VLGCs), for safe and sustainable Liquefied Petroleum Gas (LPG) shipping.
LPG Infrastructure
BW LPG Infra explores investment opportunities in onshore LPG import infrastructures around the world, and especially in fast-growing economies.