India announced on Monday that it has signed what it described as a “historic” agreement to import Liquefied Petroleum Gas (LPG) from the United States, marking the country’s first structured contract for US LPG supplies to the Indian market.
Hardeep Singh Puri, India’s Minister for Petroleum and Natural Gas, said the deal represents a major milestone for India’s rapidly growing LPG sector. “One of the largest and the world’s fastest growing LPG markets opens up to the United States,” Puri wrote on X, emphasizing New Delhi’s efforts to secure affordable and diversified sources of LPG for domestic consumers.
Calling the agreement a “significant development,” Puri said that India’s state-run oil companies have “successfully concluded” a one-year import contract. Under the terms of the deal, India will import 2.2 million tons of LPG annually—amounting to nearly 10% of its yearly LPG imports. He added that Indian oil firms had held extensive talks with major US producers over recent months to finalize the arrangement.
The announcement comes at a time of strained trade relations between the two countries, following the Trump administration’s imposition of 50% tariffs on Indian goods, partly in response to India’s continued purchase of Russian oil amid the ongoing conflict in Ukraine.
