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India’s first-ever major LPG import deal with the US

Kumari Sonali

India’s first-ever major LPG import deal with the US:

India has finalised its first-ever structured LPG import deal with the US, sourcing 2.2 MTPA—about 10% of annual LPG imports—for 2026. A one-year structured contract under which Indian PSU refiners will import 2 million tonnes per annum (MTPA) of LPG from the US Gulf Coast in 2026—India’s first formal long-term LPG sourcing contract from the US.

Nations Involved:

  • India: IOC, BPCL, HPCL
  • United States: US Gulf Coast producers (Chevron, Phillips 66, TotalEnergies Trading)

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