India signs historic LPG supply contract with US
after close1 source ↓written by the desknot a recommendation
- of liquified petroleum
- 2.2 MTPA
- starting
- 2026
- of India's annual
- 10%
India has secured its first structured contract to import 2.2 MTPA of liquified petroleum gas (LPG) from the US, starting in 2026. This agreement, involving major PSUs like Indian Oil, BPCL, and HPCL, represents 10% of India's annual LPG imports.
This landmark deal is expected to enhance India's energy security and diversify its LPG sourcing, potentially impacting domestic prices and supply chains.
Not investment advice. For informational purposes only.