Current Affairs - International - Discussion

India has entered into a one-year agreement to import a substantial quantity of LPG from the United States, amounting to 2.2 million tonnes annually. The deal was finalized after officials from major Indian oil companies—IOC, BPCL, and HPCL—held detailed discussions with leading American producers along the US Gulf Coast. This arrangement strengthens India’s energy security by diversifying supply sources and reducing dependence on traditional exporters. It also reflects growing strategic and commercial ties between India and the U.S. in the energy sector, ensuring a stable supply of LPG for domestic consumption and supporting the country’s broader energy needs.