Petredec Onshore Pte. Ltd. has signed an agreement to divest 100% of the shares in Petredec (Mauritius) Ltd (PML) to the State Trading Corporation (STC) of Mauritius, subject to customary completion steps. The transaction marks an important milestone for both organisations, with STC as the trading arm of the Government of Mauritius, responsible for procurement, storage and commercialisation of LPG among other selected strategic products. For more details, view the full press release here: https://lnkd.in/ei7Pzikx
Petredec Group
Oil and Gas
Trade, transport and distribute essential LPG to countries and unlock the opportunities that cleaner energy brings
About us
As one of the industry’s largest operators and vessel owners, we have long been aware of our duty to reduce the impact of our shipping operations. For more than 45 years we have grown our reputation being forward thinking, agile and adaptable. With a focus on the environment, we have built one of the youngest, most fuel-efficient fleets on the water today. We trade, transport and distribute essential LPG solutions to countries and unlock the opportunities that cleaner energy brings. Our Businesses Petredec Global - A leading LPG shipping and trading company as well as our modern fleet of 20 eco-friendly VLGCs, one of the youngest fleets in the sector. Petredec Fortitude - Fortitude Shipping operates a fleet of eleven modern, efficient handysize vessels that transport Ethane, Ethylene, LPG, Petrochemicals and Ammonia around the world. Petredec Onshore - Our Onshore business wholesales and distributes LPG, fuels and lubricants to customers across emerging markets in Africa and India.
- Website
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http://www.petredec.com
External link for Petredec Group
- Industry
- Oil and Gas
- Company size
- 501-1,000 employees
- Headquarters
- Singapore
- Type
- Privately Held
- Founded
- 1980
Locations
Employees at Petredec Group
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James Bullen
Head of Downstream at Petredec
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Michael Demond
Management | Business development & Strategy | M&A | Energies
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Inqilab Kassam FCA
Finance Director | Investment | Strategy | Africa Specialist | Oil & Gas Downstream / Corporate Finance | Group Financial Reporting, Analysis &…
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Alain Van Thillo
Chief Technical Officer Petredec Global
Updates
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Petredec’s Jonathan Fancher participated in the 16th Clean Energy Ministerial (#CEM16) in Busan, South Korea, highlighting how streamlined permitting for gateway LPG infrastructure can be a key enabler in expanding access to clean cooking solutions. 👇Watch his interview with Michael Patrick Kelly from the World Liquid Gas Association in the post below. #CleanCooking #WeAreLPG
🎤 Thrilled to represent World Liquid Gas Association and have had the opportunity to sit down with Jonathan Fancher of Petredec Group during the 16th Clean Energy Ministerial (#CEM16) in #Busan, South Korea to discuss the critical role of clean cooking solutions — with a special focus on LPG. For the 2.3 billion people still relying on polluting fuels for cooking, LPG provides an immediately scalable, cleaner alternative that reduces household air pollution, improves health outcomes, and advances climate and gender equity goals. Petredec’s work in ensuring reliable and affordable LPG access highlights how industry leadership can help bridge the gap while longer-term clean energy transitions continue to scale. Our conversation reinforced the importance of partnerships between the private sector, governments, and international organisations to accelerate access to clean cooking. 🚀 Progress on clean cooking is progress on health, climate, and sustainable development. #CEM16 #CleanCooking #LPG #EnergyAccess #EnergyTransition
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Petredec Group reposted this
~ Petredec Group in partnership with ASAS Group of Companies launch the Tanga LPG Terminal, a transformative open-access facility set to become the largest of its kind in Tanzania. This milestone project will enhance energy security, expand clean cooking access, and foster economic opportunity across Tanzania and East Africa. Read more in the latest edition of The Voice newsletter https://lnkd.in/ept_FDEe #LPG #liquidGas #CleanCooking #Tanzania
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Happy #LPGday 2025 from the Petredec team! Across time zones and oceans - from sunrise on our VLGCs to activities in Singapore, India, Mauritius, South Africa, London, Houston and Tanzania – we work around the clock to trade, transport and distribute LPG worldwide. #WeAreLPG World Liquid Gas Association #CleanCooking
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Petredec is proud to announce the launch of the Tanga LPG Terminal project, a landmark open-access facility that will bolster energy security and support Tanzania’s clean cooking objectives championed by President Samia Suluhu Hassan. Set to be the largest of its kind in the country, the terminal is being developed in partnership with the ASAS Group of Companies, a long-established Tanzanian conglomerate and leader in fuel and LPG transport, whose involvement will help extend the terminal’s impact well beyond Tanzania’s borders. Hon. Dr. Doto Mashaka Biteko, Deputy Prime Minister and Minister For Energy, Government of Tanzania, stated: “In line with our aims to increase access to clean cooking for all Tanzanians, we are pleased to welcome Petredec as an investor in the LPG sector and look forward to seeing the impact their terminal will make on an already-growing market. Accelerating the next phase of growth is vital for LPG to truly reach all parts of our country and beyond. Adding more import capacity is an important step towards realising our expansion plans for this energy solution.” For more details, view the full press release here: https://lnkd.in/d3u-aWhU #WeAreLPG #CleanCooking #Petredec
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We are proud to announce the launch of Petredec Group’s inaugural Sustainability Report. “Our investments in LPG infrastructure directly contribute to enabling the developing world’s energy transition and alleviating the clean cooking crisis,” says Giles Fearn, CEO, Petredec Group. “According to the International Energy Agency (IEA), switching to clean cooking solutions, such as LPG, could reduce global CO2 emissions by 1.5 gigatons by 2030 — equivalent to the annual emissions from planes and ships combined.” For more information, view our 2024 Sustainability Report here: https://lnkd.in/dSAZh9AE #ESG #CleanCooking #WeAreLPG World Liquid Gas Association
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This year, Petredec Group marked International Women’s Day with a week of celebrations across our global offices. 🌍💜 As we reflect on #IWD2025, we are reminded of the World Economic Forum's estimate that full gender parity is 134 years away - five generations beyond the 2030 goal. Access to clean cooking is a stark example of this imbalance. Nearly one in three people lack access to clean cooking fuels, disproportionately impacting women and children. Beyond the health risks, this issue affects education, employment and economic empowerment, holding back millions of women from reaching their full potential. As a leading LPG value chain company, we recognise our role in helping address this challenge and driving meaningful change. Find out how we are brining cleaner energy to those that need it - www.petredec.com #WeAreLPG #CleanCooking #WINLPG World Liquid Gas Association WISTA UK
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We are #hiring! Petredec is looking for a Financial Reporting and Control Manager to join our team in Ballito, KwaZulu-Natal, South Africa. If you have the expertise and passion for financial management in a dynamic industry, we want to hear from you. Apply today or share this opportunity with your network. https://lnkd.in/dXMFTzJb #Finance #WeAreLPG #Petredec
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Petredec Group reposted this
We are delighted to welcome Petredec Group to MACN! Petredec is an integrated LPG company with a fleet of owned and operated LPG vessels. Petredec owns the youngest and second largest fleet of very large gas carriers and the second largest handysize gas fleet in the world. #shipping #anticorruption #maritime
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Bahri (The National Shipping Company of Saudi Arabia) and Petredec have agreed to form a strategic partnership aimed at addressing Saudi Arabia’s increasing LPG and ammonia shipping demands. The two companies, both leaders in their respective fields, will establish a dedicated joint commercial team, led by Bahri Oil and Petredec. For more details, view the full press release here: https://lnkd.in/dWUwcrf6 #WeAreLPG #Petredec #Bahri Bahri | البحري
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