At a time when India is looking to diversify its energy sourcing and increase energy trade with the US amid trade pact negotiations, Indian public sector refiners have inked a one-year deal for American liquefied petroleum gas (LPG) imports, marking the first structured contract of US LPG for the Indian market.

“One of the largest and the world’s fastest growing LPG market opens up to the United States. In our endeavour to provide secure affordable supplies of LPG to the people of India, we have been diversifying our LPG sourcing. In a significant development, Indian PSU oil companies have successfully concluded a 1 year deal for imports of around 2.2 MTPA (million tonnes per annum) LPG, close to 10% of our annual imports—for the contract year 2026, to be sourced from the US Gulf Coast—th

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