India is ramping up its energy imports from the U.S. in a bid to reduce its trade surplus with Washington — a key demand of the Trump administration during trade negotiations with New Delhi.
On Monday, Hardeep Singh Puri, Indian union minister of petroleum and natural gas, announced a deal that will see the United States supply nearly 10% of New Delhi's liquefied petroleum gas (LPG) imports.
Indian state-owned oil companies have signed a 1-year deal to import around 2.2 million tonnes per annum of LPG, from the U.S. Gulf Coast, he said in a post on X, calling it "a historic first."
This would be the "first structured contract of U.S. LPG for the Indian market" and the purchases would be based on "Mount Belvieu as the benchmark for LPG purchases," he said.
"We believe that this move i

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