Aegis Logistics Limited has informed the Exchange regarding 'Commissioning of LPG Cryogenic Terminal at Pipavav by the Company.'.
AEGISLOG · price
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Aegis Logistics has commissioned a new LPG cryogenic terminal at Pipavav with a static storage capacity of 48,000 metric tonnes, effective July 3, 2025. The terminal is designed for storage and terminalling of liquefied petroleum gas. The facility has been developed by Aegis Logistics on behalf of its associate company, Aegis Vopak Terminals Limited, and will be transferred to the associate in due course, with a separate intimation to follow.
The commissioning expands LPG storage infrastructure capacity in the Aegis group, though the asset will sit with associate company Aegis Vopak Terminals rather than Aegis Logistics directly. Shareholders may see indirect benefits through the associate's performance, but the immediate impact on Aegis Logistics' own revenue base is limited.