U.S. accounts for 67% of India’s LPG imports, Petroleum Minister Hardeep Puri
Before the conflict broke out in West Asia, India imported about 60% of its LPG requirement of which 90% transited through the Strait of Hormuz.
Petroleum Minister Hardeep Singh Puri disclosed that the United States now supplies approximately 67% of India's liquefied petroleum gas (LPG) imports during his keynote address at the CII International Energy Conference. This significant shift in sourcing was revealed in response to a government decision to allocate around 10% of India's LPG needs from the U.S. as part of a strategic plan to diversify the nation's energy supplies.
Puri expressed his satisfaction, stating, "Some of us wondered would we need the 10% (from U.S.) when we have suppliers nearby [in the Gulf]. Today, I am happy to inform that U.S. accounts for about 67% of our LPG imports."
Prior to the outbreak of the West Asia conflict, India was reliant on the Strait of Hormuz for approximately 60% of its LPG requirements, with nearly 90% of this gas passing through the strategic waterway. Puri elaborated on the government's response to the crisis, explaining that oil marketing companies (OMCs) temporarily increased their daily LPG production from 34,000 metric tonnes to 55,000 metric tonnes to mitigate the effects of reduced imports.
He further clarified that there were no plans to impose additional charges on LPG and natural gas to finance a strategic fuel reserve, dismissing rumors to the contrary.
Written by urgent.news from The Hindu's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
