business
India Plans Up to Quarter of 2027 LPG Imports from US
Archived — last updated
India plans to buy up to a quarter of its liquefied petroleum gas imports from the United States in 2027, a move that would cut its reliance on the Middle East and support efforts to secure a trade deal with Washington.
Latest updates
India Plans Up to Quarter of 2027 LPG Imports from US
India plans to buy up to a quarter of its liquefied petroleum gas imports from the United States in 2027, a move that would cut its reliance on the Middle East and support efforts to secure a trade deal with Washington. The move comes as India faces its worst LPG shortage earlier this year after the Iran war and closure of the Strait of Hormuz disrupted supplies. The government is looking to diversify its energy imports and reduce its dependence on the Middle East. The US is seen as a key player in this effort, with the two countries already engaged in talks over a trade deal. The deal would see the US supply India with LPG, reducing its reliance on the Middle East and supporting India's efforts to secure a trade deal with Washington.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.