India signs 1-year deal to import 2.2m tonnes of LPG from US
Indian state-run oil companies have signed a one-year deal to import cooking gas LPG from the United States in 2026, marking a push by New Delhi to expand energy purchases from Washington.
The move is seen as an attempt to narrow India’s trade surplus with the US – a sticking point for President Donald Trump, who has slapped a 50 per cent tariff on Indian goods entering America.
“Indian PSU oil companies have successfully concluded a one-year structured contract to import around 2.2 million tonnes of LPG from the US Gulf Coast for the contract year 2026,” an official statement said on Monday.
