Now Reading: India now gets 67% of LPG from US, minister says
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India now gets 67% of LPG from US, minister says
India's petroleum minister Hardeep Singh Puri said last week that 67% of the country's liquefied petroleum gas now comes from the United States, a sharp increase from an earlier plan to source…
The Story in Brief
India's petroleum minister Hardeep Singh Puri said last week that 67% of the country's liquefied petroleum gas now comes from the United States, a sharp increase from an earlier plan to source about 10% from the US. The Hindu reports he did not specify the timeframe.
The shift comes amid the West Asia war that closed the Strait of Hormuz for at least six months, leaving 54% of India's gas imports stuck, according to Hindustan Times. The government invoked the Essential Commodities Act and rationed gas, causing temporary disruptions in fertiliser, ceramics, and hospitality. Despite this, India's April-June growth is estimated at 7% year-on-year. The RBI revised its GDP forecast up to 6.7% and inflation down to 5%.
The Indian Opinion
The narrative that India has solved its energy vulnerability by shifting LPG imports to the US ignores that over-reliance on any single source is risky, especially as global tensions could disrupt Atlantic routes too. Another lazy story is that the economy is sailing through smoothly; the disruptions in industry and livelihoods were severe, and inflation risks persist. The real test will be whether the US can guarantee uninterrupted supply if the Hormuz crisis spreads or new flashpoints emerge.
Sources (2): thehindu.com, hindustantimes.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
