India's state-owned refiners are preparing to increase US LPG purchases by more than 25% through annual contracts next year. With supply disruptions in the Persian Gulf, India is accelerating diversification of supply sources. According to people familiar with the matter, Indian Petroleum, India's Bharat Petroleum and Hindustan Petroleum are seeking to purchase up to 5 batches of 46,000 tons of LPG goods each month from the US next year, up from the 4 batches per month in the 2026 contract. The source said that each shipment must contain equal amounts of propane and butane. If the relevant agreement is finally reached, the amount of US LPG contracted by India will rise from 2.2 million tons this year to about 2.76 million tons. This year, India, the world's second-largest importer of LPG, signed a long-term purchase agreement with a US supplier for the first time.

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