India increases US LPG imports amid Gulf disruptions
India’s LPG supply chain is under strain as Gulf exports remain disrupted and cargoes through the Strait of Hormuz are affected. Kpler data shows April imports from the US reached 361,000 tonnes, the highest volume from that source, while the UAE fell to 163,000 tonnes by April 25 from 626,000 tonnes in February. Saudi Arabia, Qatar and Iran also sent lower volumes, and Argentina and Chile supplied only small cargoes. India imports about 60 per cent of its LPG demand, with about 90 per cent of imports normally from West Asia. The government is prioritising household cylinders and expanding PNG connections.
India imported 361,000 tonnes of US LPG in April.
Context
Supply from West Asia fell after conflict and Strait of Hormuz problems. India buys much…
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- Full ContextLocked
- Affected SectorsLocked
- Stock ImpactLocked
- Economic IndicatorThe story signals imported energy…Locked
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- Historical ParallelLimited direct precedent: the article…Locked
- Prerequisite KnowledgeLocked
- Follow-up QuestionsWill the Strait of Hormuz reopen enough…Locked
- Pros & ConsHouseholds: supply security improves…Locked