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BW LPG Withdraws From JNPA LPG Import Terminal Investment, Citing Market Uncertainty And Strategic Realignment

Author: Benzinga Newsdesk | May 20, 2025 01:24am

The project, initiated through a partnership agreement with BW Confidence Enterprise Private Limited ("BW Confidence"), a joint venture that BW LPG entered into with Confidence Petroleum India Ltd. (NSE/BSE code: "CONFIPET"), and Ganesh Benzoplast Limited ("Ganesh Benzoplast", NSE Code: "GANESHBE", BSE Code: 500153") aimed to develop a cryogenic LPG storage facility at JNPA, with a BW LPG investment of approximately USD 10 million.

Posted In: BWLP


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