17-November-2025
Economy News
 
In a ‘historic first’ India to buy 10% of its LPG import from US in one year deal: Hardeep Puri
17-Nov-2025

In a major diplomatic push amid a pending trade deal, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Monday announced that Indian public sector oil companies have, for the first time, signed a one-year deal to import liquefied petroleum gas (LPG) from the United States. IOC, BPCL, and HPCL have reached a 1 year deal for LPG imports of around 2.2 MTPA from US. This constitutes close to 10% of India’s annual imports.

News Source:- https://www.financialexpress.com/policy/economy/energy-boost-for-india-psu-oil-firms-sign-landmark-2-2-mtpa-lpg-deal-with-us-covering-10-of-annual-imports/4046824/?ref=hometop_hp
 
 
 

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