New Delhi – India said Monday it had signed a “significant” deal that will see the United States supply nearly 10 percent of the Asian giant’s liquefied petroleum gas (LPG) imports, as it seeks to diversify its energy sources.
India and the United States remain in talks, despite disagreements over a range of issues including agricultural trade and the Russian oil purchases.
Minister for Petroleum and Natural Gas Hardeep Singh Puri said India had signed the one-year deal for 2.2 million tonnes per annum of LPG, sourced from the US Gulf Coast, providing “close to 10 percent” of India’s annual imports of the fuel.
Puri said it was “the first structured contract of US LPG for the Indian market”.
US President Trump put little pressure and Modi got scared.
Now Trump is saying that Modi has assured him that India will not buy Russian oil.
Lop Rahul Gandhi Ji was absolutely right when he said ‘Narendra — Surrender’..
— Shantanu (@shaandelhite) October 16, 2025
“In our endeavour to provide secure, affordable supplies of LPG to the people of India, we have been diversifying our LPG sourcing,” Puri said in a statement, adding that “one of the largest and the world’s fastest growing LPG market opens up to the United States”.
In October, Indian state-backed refiner HPCL-Mittal Energy said it halted purchases of Russian crude after Washington imposed sanctions on Moscow’s two largest oil companies.
Reliance Industries, the privately owned main Indian buyer of Russian crude, has also said it is assessing the implications of the US restrictions, as well as those imposed by the European Union.
India’s economy, the fifth-largest in the world, grew at its fastest pace in five quarters in the three months ending June 30, helped by higher government spending and improved consumer sentiment.
But US tariffs continue to overshadow the economy, with experts projecting that they could shave anywhere between 60 to 80 basis points off GDP growth this fiscal year, if there is no relaxation soon.
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Source: AFP
