Exhibit 8

Subsidiaries of StealthGas Inc.



|                            |  |                 
|--------------------------- |  | ----------------
|Subsidiary                  |  | Jurisdiction    
|ARACRUZ TRADING LTD.        |  | Marshall Islands
|                            | 
|AURA GAS INC.               |  | Marshall Islands
|                            | 
|BALCAN PROFIT LIMITED       |  | Malta           
|                            | 
|BALKAN HOLDING INC.         |  | Marshall Islands
|                            | 
|BARONESS HOLDINGS INC.      |  | Marshall Islands
|                            | 
|CANNES VIEW INC.            |  | Marshall Islands
|                            | 
|CARINTHIA INC.              |  | Marshall Islands
|                            | 
|CLEAN POWER INC.            |  | Marshall Islands
|                            | 
|CONTINENT GAS INC.          |  | Marshall Islands
|                            | 
|EAST PROPANE INC.           |  | Marshall Islands
|                            | 
|ECSTASEA INC.               |  | Marshall Islands
|                            | 
|EMPIRE SPIRIT LTD.          |  | Marshall Islands
|                            | 
|EMPRESS ENTERPRISES LTD     |  | Marshall Islands
|                            | 
|ENERGETIC PENINSULA LIMITED |  | Hong Kong       
|                            | 
|ESPACE INC.                 |  | Marshall Islands
|                            | 
|EVOLUTION CRUDE INC.        |  | Marshall Islands
|                            | 
|FIGHTER GAS INC.            |  | Marshall Islands
|                            | 
|FINANCIAL POWER INC.        |  | Marshall Islands
|                            | 
|GASTECH INC.                |  | Marshall Islands
|                            | 
|GAZ DE BRAZIL INC.          |  | Marshall Islands
|                            | 
|GENEVE BUTANE INC.          |  | Marshall Islands
|                            | 
|ICELAND LIMITED             |  | Malta           



---

|                                |  |                 
|------------------------------- |  | ----------------
|INTERNATIONAL GASES INC.        |  | Marshall Islands
|                                | 
|ITALIA TRADES INC.              |  | Marshall Islands
|                                | 
|JUNGLE INVESTMENT LIMITED       |  | Malta           
|                                | 
|KING OF HEARTS INC.             |  | Marshall Islands
|                                | 
|LPGONE LTD.                     |  | Marshall Islands
|                                | 
|LUCKYBOY INC.                   |  | Marshall Islands
|                                | 
|MATRIX GAS TRADING LTD.         |  | Marshall Islands
|                                | 
|MR. ROI INC.                    |  | Marshall Islands
|                                | 
|NORTHERN YIELD SHIPPING LIMITED |  | Cyprus          
|                                | 
|OCTOPUS GAS INC.                |  | Marshall Islands
|                                | 
|OXFORDGAS LTD.                  |  | Marshall Islands
|                                | 
|PACIFIC GASES LTD.              |  | Malta           
|                                | 
|PELORUS INC.                    |  | Marshall Islands
|                                | 
|PETCHEM TRADING INC.            |  | Marshall Islands
|                                | 
|REVOLUTION INC.                 |  | Marshall Islands
|                                | 
|RISING SUN INC.                 |  | Marshall Islands
|                                | 
|SEMICHLAUS EXPORTS LTD.         |  | Malta           
|                                | 
|SOLEIL TRUST INC.               |  | Marshall Islands
|                                | 
|SOUND EFFEX INC.                |  | Marshall Islands
|                                | 
|SPACEGAS INC.                   |  | Marshall Islands
|                                | 
|STUDIO CITY INC.                |  | Marshall Islands
|                                | 
|STEALTHGAS INC.                 |  | Marshall Islands
|                                | 
|TANKPUNK, INC.                  |  | Marshall Islands
|                                | 
|TATOOSH BEAUTY INC.             |  | Marshall Islands
|                                | 
|TRANSGALAXY INC.                |  | Marshall Islands
|                                | 
|TRIATHLON INC.                  |  | Marshall Islands
|                                | 
|VENTSPILS GASES LTD.            |  | Malta