India seeks 2027 LPG imports from US via term tender, document shows
India seeks 2027 LPG imports from US via term tender, document shows By Nidhi Verma
NEW DELHI, Sept 25 (Reuters) - Indian state-owned LPG importers have issued a joint tender seeking around 2.75 million metric tons of liquefied petroleum gas from the United States for delivery in 2027, a document reviewed by Reuters showed on Friday.
Indian Oil IOC.NS, Bharat Petroleum BPCL.NS and Hindustan Petroleum HPCL.NS are seeking four very large gas carrier cargoes per month.
Each cargo would have a volume 46,000 tons, evenly split between propane and butane, on a delivered basis every month during 2027.
The tender also seeks one 45,000-ton cargo each month on free-on-board basis, the tender said.
The tender is valid until October 22.
LPG is a mixture of propane and butane.
India is the world's second-largest importer of LPG, behind only China.
It sourced about 90% of its 21.85 million metric tons of LPG imports from the Middle East in 2025, with imports accounting for around 66% of India's total LPG consumption, government data shows.
The U.S.-Israeli war on Iran, which began at the end of February, causing severe disruption of fuel supplies, led the Indian government in March to invoke emergency measures to divert petrochemical feedstocks from industry to households, which use LPG as cooking gas.
(Reporting by Nidhi Verma, writing by Mohi Narayan; editing by Barbara Lewis)
((Mohi.Narayan@thomsonreuters.com; https://twitter.com/_mohi_;))
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