BW LPG Divests Entire 8.50% Stake in Confidence Petroleum India

BW LPG has finalized its exit from Confidence Petroleum India after selling its entire 8.50% equity stake in the company. This divestment marks the conclusion of the firm’s investment position in the Indian energy provider, as confirmed in a corporate filing released on Wednesday, June 3, 2026.

The transaction involved the offloading of all shares previously held by BW LPG within the organization. While the company confirmed the completion of the sale, it did not disclose the specific financial terms or the identity of the purchasers involved in the transaction. This move follows a period of investment by BW LPG in the Indian market, and the company now holds no remaining equity interest in Confidence Petroleum India.

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Date: June 3, 2026

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GOAI