India to import 2.2 MTPA LPG from US Gulf Coast in 2026

Indian PSU oil companies have successfully concluded a one-year structured contract to import around 2.2 million tonnes per annum (MTPA) of LPG from the US Gulf Coast for the contract year 2026, Hardeep Singh Puri, Minister of Petroleum and Natural Gas, has announced.

This represents close to ten percent of India’s annual LPG imports and marks the first such structured US LPG contract for the Indian market.

As part of this effort, a team of officials from IndianOil, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) visited the United States from July 21-24, 2025 and held discussions with major US producers. These discussions, based on Mount Belvieu as the benchmark for LPG purchases, have successfully concluded with the finalisation of the contract, the Ministry of Petroleum & Natural Gas said in a media release.

The Minister stated that India has been consistently working to secure affordable and reliable LPG supplies by diversifying its sourcing options. He described the decision as a historic development, noting that one of the world’s largest and fastest growing LPG markets has now opened to the United States.

Puri emphasised that this new sourcing arrangement for 2026 is another step towards strengthening India’s energy security while ensuring affordable access to clean cooking fuel for millions of households.

ALCHEMPro News Desk (HU)