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Will Gulcher

Petredec announces the formation of Petredec Global
saltram and kahyasi

Petredec announces the formation of Petredec Global

The Petredec Group is pleased to announce the formation of Petredec Global, comprising Petredec’s trading platform as well as our modern fleet of 27 VLGCs. Petredec Global is exploring the possibilities of a public listing and would be the world’s first fully integrated VLGC shipping and trading company listed on a stock exchange.

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Petredec to acquire NGC’s stake in Krishnapatnam Joint Venture
petredec krishnapatnam-terminal finishing completion march 2022

Petredec to acquire NGC’s stake in Krishnapatnam Joint Venture

Petredec today confirms that following the announcement made to the Oman Stock Exchange by National Gas Company (SAOG) Oman, it intends to acquire NGC’s entire interest in the two companies’ Indian Joint Venture which has focused on the development of a 34,000mts LPG import terminal in Krishnapatnam, Andhra Pradesh.

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Further acquisition completed in South Africa and new Convenience Store format rolls out
Petregaz - quest station

Further acquisition completed in South Africa and new Convenience Store format rolls out

Petredec, one of the world’s leading Liquefied Petroleum Gas (LPG) trading and shipping companies, continues its programme of onshore investments in South Africa with the acquisition of Vryheid Petroleum which joined its Petrefuel division at the end of 2021.

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March 9, 2021 Petredec to construct an additional three 93k cbm dual fuel LPG propulsion VLGCs
shahrastani

March 9, 2021 Petredec to construct an additional three 93k cbm dual fuel LPG propulsion VLGCs

Petredec holdings have exercised the option to construct an additional three 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard. This follows on from an announcement in early November 2020 for an initial order of three vessels.

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Petredec acquires Quest Petroleum in South Africa
Petredec acquires Quest Petroleum in South Africa

Petredec acquires Quest Petroleum in South Africa

Petredec is pleased to announce it has completed the acquisition of Quest Petroleum, a leading fuels distributor in the Eastern Cape, which will now become part of the Petrefuel Business Division in South Africa.

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2560 1706 Petredec
Petredec joins WLPGA Industry Council
WLPGA

Petredec joins WLPGA Industry Council

Having supported the WLPGA and its work over several years as a member, Petredec, one of the World’s leading LPG Trading and shipping companies, is pleased to have been invited to join the association’s prestigious Industry Council (IC).

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We support the Neptune Declaration on Seafarer Wellbeing and Crew Change
Neptune Declaration

We support the Neptune Declaration on Seafarer Wellbeing and Crew Change

We are proud to announce Petredec are a signatory of the Neptune Declaration on Seafarer Wellbeing and Crew Change. Join us in our support of the world’s seafarers.

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Petredec signs contract for up to six 93k cbm dual fuel LPG propulsion VLGCs
shergar

Petredec signs contract for up to six 93k cbm dual fuel LPG propulsion VLGCs

Petredec Holdings has announced that they have signed a contract for the construction of up to six 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard

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NGC energy, Petredec to set up Rs 400-crore LPG Terminal
NGC Energy India

NGC energy, Petredec to set up Rs 400-crore LPG Terminal

NGC Energy India, a joint venture between Oman-based National Gas Company and Singapore-headquartered Petredec, will jointly set up a liquified petroleum gas import and storage terminal at Krishnapatnam Port

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2560 1920 Petredec
Petredec adds Oilco business to its portfolio
Petregaz - road tankers

Petredec adds Oilco business to its portfolio

Energy distributor Petredec has acquired the wholesale and logistics divisions of independent Shell-branded fuels and lubricants distributor Oilco, which is based in KwaZulu-Natal.

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