From The Economic Times · Reuters · · 1m 10s
India seeks 2027 LPG imports from US via term tender
Indian state-owned LPG importers aim to secure 2.75 million metric tons of US LPG for 2027 through term tender.
In brief
Indian state-owned LPG importers aim to secure 2.75 million metric tons of US LPG for 2027 through term tender. India's state-owned oil companies plan to import 2.75 million metric tons of US liquefied petroleum gas for 2027 via monthly term tenders. Originally reported by The Economic Times.
Indian state-owned LPG importers issue tender
Indian Oil, Bharat Petroleum, and Hindustan Petroleum have issued a joint tender seeking 2.75 million metric tons of liquefied petroleum gas from the United States for delivery in 2027.
Tender specifies monthly cargo volumes
The tender requires four very large gas carrier cargoes per month, each with a volume of 46,000 tons split evenly between propane and butane on a delivered basis.
Additional cargo terms
The tender also seeks one 45,000-ton cargo each month on free-on-board basis, valid until October 22, 2027.
LPG import context
India is the world's second-largest LPG importer, sourcing 90% of its 21.85 million metric tons from the Middle East in 2025.
US-Israeli war impact
The US-Israeli war on Iran, which began in February, caused severe fuel supply disruptions leading to emergency measures in March to divert petrochemical feedstocks to households.
What it means
India's state-owned oil companies plan to import 2.75 million metric tons of US liquefied petroleum gas for 2027 via monthly term tenders.
