ADVERTISEMENT
ADVERTISEMENT
India signs deal to import LPG from the US Gulf Coast
The new deal will contribute to about 10 percent of India's total LPG imports of 2026.
-
Jeffin T. Kaleekal - Mon, 24, Nov 2025
- 03:00 EST
- 13
Representative image / Pexels
Indian PSU oil companies have signed a 1 year deal for importing LPG, or Liquefied Petroleum Gas, from the US Gulf Coast, marking the first structured contract of US LPG for the Indian market.
In an attempt to secure affordable LPG supplies to fulfil demands from India's consumer market, the deal provides for purchase of around 2.2 MTPA LPG, which is close to 10 percent of India's annual LPG imports.
Announced by India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri, the contract comes after team of officials from IndianOil, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) visited the United States from in July 2025 and engaged in discussions with major US producers.
ALSO READ: India strikes US gas deal under Trump pressure
In a statment, the Minister noted, "In our endeavour to provide secure affordable supplies of LPG to the people of India, we have been diversifying our LPG sourcing."
He added, "Under the leadership of PM Narendra Modi Ji, our PSU oil companies have been providing LPG at the lowest global prices to all our mothers and sisters. Even as global prices soared by over 60% last year, Modi Ji ensured that our Ujjwala consumers continued to receive LPG cylinder at just ₹500-550 whereas the actual cost of the cylinder was over ₹1100."
Related
ADVERTISEMENT
ADVERTISEMENT
E Paper
Video
Comments
Start the conversation
Become a member of New India Abroad to start commenting.
Sign Up Now
Already have an account? Login