+
India Seeks 2027 LPG Imports from US via Term Tender
ECONOMY & POLICY

India Seeks 2027 LPG Imports from US via Term Tender

Indian state-owned LPG importers have issued a joint tender seeking around 2.75 mn t of liquefied petroleum gas from the United States for delivery during 2027, according to a document reviewed by Reuters. Indian Oil, Bharat Petroleum and Hindustan Petroleum are seeking monthly cargoes under term supply arrangements.

The tender calls for four very large gas carrier cargoes each month, with every cargo containing 46,000 t split evenly between propane and butane. The shipments would be delivered during each month of 2027. The tender also seeks one 45,000-t cargo per month on a free-on-board basis and remains valid until October 22.

LPG consists of propane and butane, and India is the world’s second-largest importer of the fuel after China. The country imported 21.85 mn t of LPG in 2025, with about 90 per cent sourced from the Middle East. Imports accounted for around 66 per cent of India’s overall LPG consumption, according to government data.

India is seeking to reduce its dependence on Middle Eastern supplies after disruptions linked to the war in Iran affected flows through the Strait of Hormuz. The United States has become the country’s leading supplier of LPG, with shipments reaching a record 3.9 mn t through August this year. The government has directed the three refiners to source at least 15 per cent of India’s 2027 LPG imports through US term contracts.

The move follows India’s first US term supplies earlier this year, covering about 2.2 mn t, or 10 per cent of total inbound shipments. It is also expected to widen India’s supply pool and help narrow its trade surplus with the United States as New Delhi pursues a broader trade agreement with Washington.

Indian state-owned LPG importers have issued a joint tender seeking around 2.75 mn t of liquefied petroleum gas from the United States for delivery during 2027, according to a document reviewed by Reuters. Indian Oil, Bharat Petroleum and Hindustan Petroleum are seeking monthly cargoes under term supply arrangements. The tender calls for four very large gas carrier cargoes each month, with every cargo containing 46,000 t split evenly between propane and butane. The shipments would be delivered during each month of 2027. The tender also seeks one 45,000-t cargo per month on a free-on-board basis and remains valid until October 22. LPG consists of propane and butane, and India is the world’s second-largest importer of the fuel after China. The country imported 21.85 mn t of LPG in 2025, with about 90 per cent sourced from the Middle East. Imports accounted for around 66 per cent of India’s overall LPG consumption, according to government data. India is seeking to reduce its dependence on Middle Eastern supplies after disruptions linked to the war in Iran affected flows through the Strait of Hormuz. The United States has become the country’s leading supplier of LPG, with shipments reaching a record 3.9 mn t through August this year. The government has directed the three refiners to source at least 15 per cent of India’s 2027 LPG imports through US term contracts. The move follows India’s first US term supplies earlier this year, covering about 2.2 mn t, or 10 per cent of total inbound shipments. It is also expected to widen India’s supply pool and help narrow its trade surplus with the United States as New Delhi pursues a broader trade agreement with Washington.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Suzuki Targets 4 mn Units in India by FY30, Builds Global Hub

Suzuki Motor Corporation plans to raise annual production capacity in India to approximately 4 mn units from fiscal 2030, strengthening the country’s role as a manufacturing and export hub for its global operations. The Japanese car maker announced the target as part of its Technology Strategy 2026, which outlines its development and manufacturing priorities for the coming decade. The company also aims to improve development efficiency by 30 per cent from the FY20 level and manufacturing efficiency by 50 per cent by FY30. It plans to halve the lead time required to develop new vehicles by im..

Next Story
Infrastructure Transport

Ayodhya Airport to Add Flights to Delhi, Bengaluru and Mumbai

Ayodhya airport will get additional direct air services to Delhi and Bengaluru from October 1, followed by a daily non-stop connection to Mumbai from October 30. The existing IndiGo service to Hyderabad is also being prepared for conversion into a daily operation, widening travel options from the temple city. Passengers travelling to Delhi will have two direct options at different times of day from October 1. Akasa Air flight QP 1608 will depart Ayodhya at 12:50 pm and arrive in Delhi at 2:20 pm, while Air India Express flight IX 1274 will leave at 2:10 pm and reach the capital at 3:45 pm. Ind..

Next Story
Infrastructure Urban

Cement Prices Rise Again in Himachal Pradesh

Cement prices in Himachal Pradesh have increased for the second time this month, raising construction expenses for households, contractors and other consumers. Cement companies raised rates by Rs. 5 per bag on Friday, 10 days after a similar increase was implemented on September 15. The two revisions have lifted prices by a total of Rs. 10 per bag within 10 days. Dealers Pawan, Rohit, Manoj and Rakesh said the latest rates were being applied across the market, adding to the financial pressure on people building or renovating homes. ACC Suraksha cement is now priced at Rs. 425 per bag, compared..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code