Indian Oil Petronas Private Ltd (IPPL) is a supplier of LPG, Butane & Propane gases, a joint venture company of Indian Oil Corporation Limited and Petroliam Nasional Berhad (Petronas) (100% held by the Malaysian Government), both are fortune 500 companies.
The Joint Venture came into existence in August,1997 as a Joint Venture Agreement under the aegis of Ministry of Petroleum and Natural Gas. It was formally incorporated on 3rd December, 1998, by the formation of a Private Limited Company, with 50:50 Equity Participation of both the promoting companies.
Propane / Butane import / export terminals of IPPL are located at Haldia(West Bengal) and Ennore (Tamil Nadu). They undertake the receipt of propane / Butane ship tankers (both Imported and coastly moved), storage of Hydrocarbons in fully refrigerated state, blending, dosing and dispatched in bulk for oil PSU’s in Eastern and Southern regions of India with a view to bridge the Demand Supply imbalance.
IPPL is also leading parallel marketer of Propane , Butane , LPG in India. IPPL has a cumulative of 68,100 MT (approx)(Ennore: 33,600MT, Haldia: 34,500MT)of Propane, Butane & LPG, which it sources from international suppliers. It has tie-ups with them for uninterrupted supply of Quality Products. International quality standards are maintained to produce various mixes of LPG / Propane / Butane, meeting the requirements of industries.
Eastern Gases Ltd (EGL)
EGL is having a long term partnership with IPPL since its inception to cater the market of Eastern & Southern India. With the help of this tie up as well as other tie ups, Eastern Gases Ltd has become one of most preferred brand for meeting the Cylinders as well as the Bulk needs in the Eastern & Southern market.
We believe in QUALITY & SAFETY.