TOI correspondent from Washington : In a landmark move to both bolster its energy security and mollify MAGA-infused Washington, India will buy 2.2 million tonnes of liquid petroleum gas (LPG) from the United States under an initial one-year contract. The agreement marks the first structured purchase of American gas for the Indian market, with global giants Chevron, Phillips 66, and TotalEnergies Trading SA expected to ferry the LPG to India in 48 very-large gas tankers. Effective from January 2026, with possible extensions, the state-run oil majors Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) will handle supplies at the Indian end. “A historic first! One of the largest and the world’s fastest growing LPG market
Cooked! Under pressure from Trump, India to buy LPG from US citing demand fired up by Ujjwala
The Times of India9 hrs ago
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