ADNOC Trading, TotalEnergies, Chevron poised to win Indian LPG term tender for 2027, traders say
ADNOC Trading, TotalEnergies, Chevron poised to win Indian LPG term tender for 2027, traders say By Nidhi Verma
GOA, India, Oct 28 (Reuters) - Indian state-owned LPG importers are likely to award a joint tender seeking around 2.75 million metric tons of liquefied petroleum gas for delivery in 2027 to ADNOC Trading, TotalEnergies Trading and Chevron, two market participants said on Wednesday.
Overall Indian companies received about a dozen bids for the term import tender
Indian Oil IOC.NS, Bharat Petroleum BPCL.NS, and Hindustan Petroleum HPCL.NS had sought four very large gas carrier cargoes per month O/TEND
Oil Minister Hardeep Singh Puri said on Tuesday India is buying 67% of its LPG imports from the US
Oil companies typically do not comment on tenders
(Reporting by Nidhi Verma; Editing by Harikrishnan Nair)
((Mohi.Narayan@thomsonreuters.com; https://twitter.com/_mohi_;))
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