India's state-owned refiners are seeking up to five 46,000-ton US LPG cargoes per month next year, up from four, raising contracted volumes to about 2.76 million tons from 2.2 million. The move aims to diversify supply away from the Middle East, which supplied over 90% of imports before disruptions in the Strait of Hormuz.
India to Boost US LPG Imports by Over 25% Next Year
Source: Moneycontrol