{"id":652903,"date":"2025-11-18T08:35:14","date_gmt":"2025-11-18T03:05:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=652903"},"modified":"2025-11-18T08:59:42","modified_gmt":"2025-11-18T03:29:42","slug":"oil-psus-ink-deal-to-buy-us-lpg-first-such-pact-for-importing-2-2-mtpa-of-gas-move-to-cut-indias-reliance-on-gulf","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/oil-psus-ink-deal-to-buy-us-lpg-first-such-pact-for-importing-2-2-mtpa-of-gas-move-to-cut-indias-reliance-on-gulf\/","title":{"rendered":"Oil PSUs ink deal to buy US LPG: First such pact for importing 2.2 MTPA of gas; move to cut India\u2019s reliance on Gulf"},"content":{"rendered":"<p>State-run energy companies have signed their first-ever annual cooking gas supply deal with the US, aiming to narrow India\u2019s trade surplus with Washington amid ongoing negotiations with the Trump administration. The diversification is also aimed at reducing New Delhi\u2019s overdependence on Gulf suppliers, a key vulnerability during regional flare-ups. <\/p>\n<p>\u201cIndian PSU oil companies have successfully concluded a one-year deal for imports of around 2.2 million tonnes per annum (MTPA) LPG, close to 10% of our annual imports \u2014 for the contract year 2026, to be sourced from the US Gulf Coast \u2014 the first structured contract of US LPG for the Indian market,\u201d oil minister Hardeep Puri said on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run energy companies have signed their first-ever annual cooking gas supply deal with the US, aiming to narrow India\u2019s trade surplus with Washington amid ongoing negotiations with the Trump administration. The diversification is also aimed at reducing New Delhi\u2019s overdependence on Gulf suppliers, a key vulnerability during regional flare-ups. \u201cIndian PSU oil companies have successfully concluded a one-year deal for imports of around 2.2 million tonnes per annum (MTPA) LPG, close to 10% of our annual imports \u2014 for the contract year 2026, to be sourced from the US Gulf Coast \u2014 the first structured contract of US LPG for [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-652903","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=652903"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/652903\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=652903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=652903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=652903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}