IndianOil Petronas Private Limited (IPPL) is a prominent joint venture between two globally recognized FORTUNE 500® companies—Indian Oil Corporation Limited (India) and Petroliam Nasional Berhad (PETRONAS, Malaysia). Established in August 1997, with equal equity participation from both companies, IPPL was officially incorporated on December 3, 1998, under the Ministry of Petroleum and Natural Gas.
IPPL is a leading parallel marketer of Propane, Butane, and LPG in India, offering high-quality products tailored to meet diverse customer needs. The company handles approximately 33% of the total LPG imports in the country through its cutting-edge LPG Import/Export Terminals located in Haldia (West Bengal) and Ennore (Tamil Nadu). It also caters to industrial and domestic LPG demand in eastern India through its bottling plant at Haldia.