India’s move to source 10% of its 2026 liquefied petroleum gas (LPG) imports from the United States is a step that supports the domestic LPG market, according to HDFC Securities analyst Nilesh Ghuge. He called the agreement “a positive move” that brings “stability” and more integration with the global LPG ecosystem. He said the deal benefits the overall market as well as the public-sector oil marketing companies.

On the recent supply disruption in Mumbai , Ghuge said the impact will be limited because the supply was restored quickly. His estimate shows that a stoppage of two weeks could have reduced revenue by about 3.5% to 3.8%. But “they restored the supply in just less than a week,” he said, which restricts the effect to a few days and mainly to compressed natural gas (CNG) sales,

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