Incorporated in 1956, Aegis Group is a key player in India’s oil and gas sector, and its flagship company, Aegis Logistics Ltd., is India’s leading oil, gas and chemical logistics company. The group has five distinct but related business segments including liquid logistics, gas logistics, engineering, procurement and construction (EPC) services, retail LPG and marine. The liquid logistics segment operates a network of bulk liquid handling terminals, liquefied petroleum gas (LPG) terminals, filling plants, pipelines and gas stations to deliver products and services. The terminals are located in Mumbai, Kochi, Pipavav and Haldia. In case of its gas logistics segment, it is engaged in the sourcing, shipping and distribution of LP gases and propane into India.
It handles more than 700,000 MT of LPG per annum and expects this to continue rising as India’s demand for energy increases. The company launched its EPC services division in response to the growing trend of outsourcing in the oil and gas sector. Its marine division’s mission is to provide quality bunker fuels to ships calling at Indian ports while ensuring high-quality standards. The company’s clients include leading companies like Bharat Petroleum, Hindustan Petroleum, Reliance Industries, Caltex and Supreme Industries as well as individual retail customers. It also operates internationally through its sourcing and trading subsidiaries located in Singapore.
Sector Overview
Diese Geschichte stammt aus der July 04, 2022-Ausgabe von Dalal Street Investment Journal.
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