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Indian oil corporations safe their first ever deal to import U.S. LPG into India

Image used for consultant function solely. | Photo Credit: RAMAKRISHNA G

India’s public-sector oil corporations have efficiently concluded a one-year deal to import liquified petroleum gasoline (LPG) from the U.S. Gulf coast, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri mentioned on Monday (November 17, 2025).

In his publish on X, Mr. Puri elaborated that India would supply about 2.2 million tonnes each year (MTPA) of liquified petroleum gasoline from the U.S. Gulf Coast for the contract yr 2026 — making it the “first structured contract of U.S. LPG for the Indian market”.

He additional mentioned that the two.2 MTPA LPG import would characterize 10% of India’s annual imports within the sector throughout the talked about interval.

A historic first!

One of the biggest and the world’s quickest rising LPG market opens as much as the United States.

In our endeavour to offer safe inexpensive provides of LPG to the folks of India, we have now been diversifying our LPG sourcing.

In a major improvement,…

— Hardeep Singh Puri (@HardeepSPuri) November 17, 2025

“The buy is predicated on utilizing Mount Belvieu because the benchmark for LPG purchases and a workforce of our officers from Indian Oil, Bharat Petroleum and Hindustan Petroleum had visited the U.S. and engaged in discussions with main U.S. producers over the previous few months, which have concluded now,” he acknowledged.

The announcement come in opposition to the backdrop of India dealing with 50% tariffs on its exports to the U.S., which additionally features a 25% penalty for procuring Russian oil, and several other Indian ministers’ statements that India wish to import extra power from the U.S.

Published – November 17, 2025 11:08 am IST

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