US supplies two-thirds of LPG imports in June

THE US EMERGED as India’s largest supplier of liquefied petroleum gas (LPG) in June, accounting for nearly two-thirds of imports as refiners shifted away from traditional Gulf suppliers following disruptions triggered by the US-Iran conflict.

- SAURAV ANAND

India imported 1.19 million tonne of LPG in June, up 3.1% from 1.16 million tonne in May, according to Kpler data. However, imports remained 44.3% below the pre-conflict monthly average of 2.14 million tonne recorded in January and February, indicating that supplies have yet to recover fully.

The US supplies rose to 773,780 tonne in June from 648,270 tonne in May, an increase of 19.4%. The country accounted for 65% of India’s total LPG imports during the month, compared with about 56% in May.