We think long-term.

Move globally.

Act locally.

We are a company
powered by purpose.

We are Petredec.

We are LPG.

Petredec is a global leader in the LPG industry, specialising in the sourcing, shipping and distribution of Liquefied Petroleum Gas (LPG). Founded in 1980, we operate one of the world’s largest and youngest VLGC fleets and manage extensive downstream infrastructure, including terminals and distribution networks across Africa, Southern Asia and beyond.

Headquartered in Singapore, we combine global logistics expertise with a commitment to expanding access to clean energy. Our young, entrepreneurial leadership team has attracted some of the most experienced names in the industry and our global teams are diverse, multicultural and committed to serving our clients, every day.

Petredec’s operations can be analysed
across three key dimensions

At its core, Petredec is a leading fully integrated LPG value chain company

Our purpose

LPG is recognised by governments around the world as a low-carbon, low-polluting fuel, contributing to improving air quality and reducing greenhouse gas emissions. Our purpose is to be a driving force for LPG adoption across the globe, making it affordable and accessible and thereby improving the lives of many.

Our ambition

Our ambition is to be the leading LPG supplier and distributor in the world, leveraging our trading expertise, with the safety and environmental efficiency of our fleet, and the continued development of our global supply routes.

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Petredec established in London

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First vessel purchased

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Carib LPG subsidiary formed

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Management buyout by Charles Fearn and Chris Steadman

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Singapore office opened

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Petredec begins trading refrigerated large LPG cargoes

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Bahri invests in Petredec

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First VLGCs delivered

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Petregaz established

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New building programme comprising 27 eco-VLGCs and 10 eco handy-size vessels commences

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Petredec commissions 15 kt LPG terminal in Port Louis, Mauritius

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Petredec commissions 22.6 kt LPG terminal in Richards Bay, South Africa

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Eight 22,000 cbm ethylene ships delivered

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Petredec commissions 34 kt LPG terminal in Krishnapatnam, India

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Six 93,000 cbm dual fuel VLGCs delivered

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Two 22,000 cbm ethylene ships delivered

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Petredec enters agreement with Transnet Freight Rail to establish a rail freight solution in South Africa

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Petredec forms strategic partnership with Bahri to meet Saudi Arabia’s LPG and ammonia shipping demands.

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Petredec endorses the Clean Cooking Declaration

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Petredec launches 19.4 kt LPG terminal project in Tanga, Tanzania

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Two of the world’s most fuel-efficient 24,000 cbm ethylene ships to be delivered in 2026

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Our Leadership Team

Giles Fearn

CEO – Petredec Group

John Papaioannou

CFO – Petredec Group

Jonathan Fancher

CCO – Petredec Group

James Parrett

Head of Shipping – Fortitude

Jean-Marie Lagier

Director of Corporate Operations – Petredec Group

Tamsin Donaldson

Director of Marketing – Petredec Group

Our Global Presence

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