S&P: India eyes US LPG amid Middle East trade flow disruptions

New Delhi: Liquefied petroleum gas loadings from the US destined for India have risen and surpassed volumes from traditional Gulf suppliers as the country diversifies its LPG supply amid Middle East conflict, a new report has said.

The report from S&P Global said India’s weekly LPG imports fell to 265,000 metric tonnes (mt) in the week ended March 19, 2026, down from 3,22,000 mt in the week ended March 5, 2026.

“India is stepping up efforts to diversify its LPG supply base, including imports from the US, amid concerns about cooking fuel availability,” the report said.

The Gulf region accounted for about 60 per cent of India’s LPG consumption, prior to the start of the war.