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日本海事新聞ニュース Japan Maritime Daily Jul 08, 2025 (Tue)

MOL and ONGC Partner to Build, Own, Operate Two Ethane Carriers

Yasuo Matsunaga, General Manager of the Integrated Liquefied Gas Transport & Offshore Projects Unit 1 at MOL (far left)

　On July 3, MOL signed a memorandum of understanding with Oil and Natural Gas Corporation (ONGC) of ・・・続きはログインして下さいnext %E3%80%80On+July+3%2C+%3Cb%3EMOL%3C%2Fb%3E+signed+a+memorandum+of+understanding+with+Oil+and+Natural+Gas+Corporation+%28ONGC%29+of+India+for+the+construction%2C+ownership+and+operation+of+two+very+large+ethane+carriers+%28VLECs%29.+%3Cb%3EMOL%3C%2Fb%3E%E2%80%99s+ethane+carrier+fleet+will+expand+to+16+vessels%2C+including+those+on+order.+The+company+aims+to+become+a+leading+company+in+ethane+carriers+by+leveraging+the+knowledge+it+has+gained+in+the+LNG+%28liquefied+natural+gas%29+carrier+business.%3Cbr%3E%E3%80%80ONGC+announced+this+on+social+media+the+same+day.+The+construction+yard+for+the+two+ships+and+the+amount+of+investment+are+unknown.%3Cbr%3E%E3%80%80Once+in+service%2C+the+two+VLECs+will+be+used+to+transport+ethane+imported+for+use+as+a+feedstock+by+ONGC+Petro+Additions%2C+the+petrochemical+products+division+of+ONGC.%3Cbr%3E%E3%80%80According+to+overseas+reports%2C+%3Cb%3EMOL%3C%2Fb%3E+and+ONGC+will+establish+a+joint+venture+to+own+two+VLECs.+ONGC%E2%80%99s+investment+ratio+will+be+a+minimum+of+26%25+and+a+maximum+of+50%25%2C+with+the+remaining+investment+being+made+by+%3Cb%3EMOL%3C%2Fb%3E.%3Cbr%3E%E3%80%80ONGC+Petro+Additions+operates+a+petrochemical+plant+in+Dahej%2C+Gujarat.+The+plant+is+reportedly+scheduled+to+receive+800%2C000+tons+of+ethane+per+year+from+May+2028.%3Cbr%3E%E3%80%80Ethane+is+used+as+a+raw+material+for+the+basic+chemical+ethylene.+Of+the+components+contained+in+natural+gas%2C+it+is+the+second+most+abundant+after+methane%2C+the+main+component.%3Cbr%3E%E3%80%80Traditionally%2C+ethane+has+been+consumed+in+producing+areas+such+as+North+America+and+the+Middle+East.+However%2C+as+natural+gas+production+has+increased%2C+it+has+become+more+competitive+with+competing+naphtha%2C+and+trade+volumes+have+been+on+the+rise.%3Cbr%3E%E3%80%80VLECs+are+dedicated+vessels+that+cool+ethane+to+approximately+minus+92+degrees+to+liquefy+and+transport+it.+%3Cb%3EMOL%3C%2Fb%3E%2C+which+has+the+world%E2%80%99s+largest+LNG+carrier+fleet%2C+is+expanding+its+VLEC+business+by+leveraging+the+technology+and+know-how+it+has+cultivated+in+the+LNG+business.%3Cbr%3E%E3%80%80After+being+appointed+as+the+management+company+for+six+of+the+world%E2%80%99s+first+VLECs+built+by+India%E2%80%99s+Reliance+Industries%2C+%3Cb%3EMOL%3C%2Fb%3E+signed+a+long-term+charter+contract+for+five+100%2C000+cubic+meter+VLECs+with+The+Siam+Cement+Public+Company+Limited+Group+%28SCG%29%2C+a+major+Thai+materials+company%2C+earlier+this+year.%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3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