In A significant development, one of India’s largest LPG-CNG companies, Confidence Petroleum India Ltd and Norway-listed BW LPG, a leading LPG shipping and LPG trading company, have joined forces, aligning their business goals to strengthen LPG terminal infrastructure and downstream operations across India. Confidence Group is a fully integrated LPG and CNG company, established in 1993 with a vision to ensure access to green and clean fuel to every citizen and commercial entity across India. BW LPG is the world’s largest owner and operator of Very Large Gas Carriers (VLGC) with a fleet of 46 VLGCs and 2 Medium Gas Carriers with a total capacity exceeding 3 million CBM. BW LPG India, a subsidiary of BW LPG and established in 2017, is India’s largest owner and operator of India-flagged VLGCs. Nitin Khara, Chairman and Managing Director - Confidence Group, expressed, “This collaboration marks a significant milestone for Confidence Petroleum as we fortify our position in India’s LPG terminal infrastructure and ever-growing downstream operations.

 

We anticipate a fruitful partnership that will drive value for our stakeholders and foster mutual success.” Iver Baatvik, Vice President and Head of Corporate Development BW LPG, added, “The synergy between Confidence Petroleum’s local strength and BW LPG's international reach is a catalyst to accelerate growth trajectories for both parties.” The conference was attended by Nitin Khara, Iver Batvik, Vice President & Head of Corporate Development BW LPG; Gaurav Bhatia, Managing Director, BW Global United LPG India Pvt Ltd, Simon Hill, Vice President, BW Infrastructure; Rajashree Telharkar, Business Head Packed LPG; Sai Ganesh, Vice- President, Prity Bhabra Company Secretary.