| Category | Details |
|---|---|
| Event | India signs first structured LPG import deal with the US |
| Deal Signed | November 2025 |
| Supply Start Year | 2026 |
| Import Volume | 2.2 MTPA (Million Tonnes Per Annum) |
| Share of Imports | 10% of India's total LPG imports |
| Indian Buyers | IOC, BPCL, HPCL (Public sector oil firms) |
| US Suppliers | Chevron, Phillips 66, TotalEnergies |
| Pricing Benchmark | Mont Belvieu (US Gulf Coast) |
| Key Objective | Diversify LPG imports, reduce reliance on Middle East |
| Major Challenges | Higher freight costs, propane-rich US LPG (vs. butane-heavy preference), short-term contract (only for 2026) |
| Static Facts | India imports 60%+ of its LPG, mostly from Saudi Arabia, UAE, Qatar, Kuwait. LPG demand surged due to Ujjwala Yojana. |
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