India diversifies LPG supplies, imports 176k tonnes from US

1 month ago 27
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India diversifies LPG supplies, imports 176k tonnes from US

NEW DELHI: India's play LPG imports fell to 265,000 tonnes successful the week to March 19, from 322,000 tonnes connected March 5. West Asia inflows declined to conscionable 89,000 tonnes successful the week to March 19, the lowest stock since Jan 2026, according to S&P Commodities At Sea (CAS).The report, however, added that alternate determination supplies accrued to 176,000 tonnes, mostly from the US, successful the week to March 19, up from zero the erstwhile week erstwhile West Asia accounted for 100% of imports.The study said Indian lipid selling companies are apt to import 2.2 cardinal tonnes of LPG from the US successful 2026. CAS information added that US LPG loadings destined for India are increasing, with volumes present surpassing those from accepted Gulf suppliers.

Petroleum ministry officials confirmed that immoderate cargoes from the US had already arrived, but did not specify the number.With officials calling the availability of LPG "worrisome", India is trying to unafraid the cooking state from diversified sources, including Russia and Japan.Officials said immoderate cargoes had already arrived from the US, portion lipid refineries were deliberating with suppliers crossed different geographies to span the spread created by disruptions successful supplies done the Strait of Hormuz. While LPG supplies from West Asia instrumentality 7-8 days to scope India, officials said cargoes from the US instrumentality astir 45 days, portion those from Russia and Japan whitethorn instrumentality 35-40 days.India imports astir 60% of its LPG request and astir 90% of it comes from West Asia.

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