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Aegis Logistics to transfer LPG Terminal to AVTL
Jul-11-2025

Aegis Logistics and Aegis Vopak Terminals (AVTL) have executed the Business Transfer Agreement (BTA) to transfer Liquified Petroleum Gas (LPG) Terminal having Cryogenic static storage capacity of 48,000 MT at Pipavav, to AVTL via slump sale on going concern basis on such terms and conditions as contained in the BTA.

The consideration to be received by the company against transfer of LPG cryogenic Terminal at Pipavav will be Rs 428.40 crore upon execution of BTA.

Aegis Logistics is India’s leading integrated Oil, Gas & Chemical Logistics company and one of India’s top Importers and Handlers of LPG amongst private players.


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