Gujarat Pipavav Port Bags 5-year ONGC Contract For Port, Storage Facilities

Gujarat Pipavav Port Ltd. on Wednesday said it has received a letter from Oil & Natural Gas Corp. Ltd. awarding a five-year contract to hire its port and storage facilities starting October 1, 2025. A formal agreement will be signed between the two parties, the company said in an exchange filing.

Under the arrangement, Gujarat Pipavav Port will provide marine support and storage facilities within its premises as ONGC sets up its offshore supply base at the port.

In April–June, the port handled 410,000 tonnes of liquid cargo and 550,000 tonnes of dry bulk cargo.