{
  "id": 1439979,
  "title": "United States likely to emerge as India’s top LPG supplier: OPEC",
  "url": "https://urgent.news/2026/08/17/united-states-likely-to-emerge-as-indias-top-lpg-supplier-opec",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T06:30:01.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/commodities/united-states-likely-to-emerge-as-indias-top-lpg-supplier-opec/article71355061.ece"
  },
  "original_language": "en",
  "account": "The United States is likely to become India's top liquefied petroleum gas (LPG) supplier, replacing the Middle East Gulf (MEG), according to OPEC. This shift is expected to account for about 55% of India's imports, offsetting losses from the Middle East due to supply bottlenecks. India's oil demand is projected to increase by approximately 0.2 million barrels per day (mb/d) year-over-year in Q3 2026. In Q1 FY27, India imported about 2.85 million tonnes (mt) of LPG, a 45% decline year-over-year and 34% compared to Q1 FY25. Currently, nearly two-thirds of India's LPG imports are sourced from the United States. Despite shipping routes normalising and supplies from the Middle East stabilising, the US is expected to retain a significant share of India's LPG import portfolio. India's total gross LPG tankage is around 1576.8 thousand tonnes (TT), with 53.2% of the tankage located in import locations. The United States, which was India's fifth-largest LPG supplier till January 2026, has jumped to become the fourth-largest supplier, surpassing Kuwait. The conflict in West Asia has led to a 85% decline in India's LPG imports from the Middle East.",
  "summary": "This is expected to offset some of the losses from the Middle East, given India’s oil demand will increase by about 0.2 million barrels per day (mb/d), y-o-y, in Q3 2026",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}