India has finalised its first structured one-year agreement to import liquefied petroleum gas (LPG) from the United States, Union petroleum minister Hardeep Singh Puri announced on Monday. Describing the development as a “historic first”, he said Indian public sector oil companies had secured a contract to source LPG from the US Gulf Coast. The update was shared in a social media post. Puri said the arrangement, involving around 2.2 million tonnes per annum (MTPA) of LPG for the contract year 2026, reflects India's growing emphasis on diversifying its energy supply chain. The minister noted that the volume accounts for nearly 10 per cent of India's yearly LPG imports. He added that this marks the first long-term structured deal between Indian PSUs and US suppliers.
‘Historic first’: India seals first LPG pact with US; 2.2 MTPA deal to meet about 10% of New Delhi’s total import needs
The Times of India2 hrs ago
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