India has announced it will dramatically increase purchases of US liquefied petroleum gas, as New Delhi seeks to ease trade tensions with Washington and win relief from President Donald Trump’s punitive tariffs.
Hardeep Puri, India’s oil minister, on Monday announced what he called the “first structured contract of US LPG for the Indian market”, under which New Delhi will buy 2.2mn tonnes of gas from the US Gulf Coast, equivalent to about 10 per cent of annual LPG imports.
India imported about 21mn tonnes of LPG worth $14.5bn in the fiscal year ended March 2025, according to government data, with the US accounting for around 0.5 per cent.