India Turns to US for LPG, LNG Amid Strait of Hormuz Disruptions
India is increasingly relying on US suppliers for liquefied petroleum gas (LPG) and liquefied natural gas (LNG), as the West Asia conflict disrupts supplies from traditional Gulf producers. According to data from maritime intelligence firm Kpler, India imported about 0.62 million tonnes of LPG from the US in August, accounting for over 73% of the country's total LPG imports during that month.
Imports from Gulf suppliers have fallen sharply due to the disruption of shipping through the Strait of Hormuz. For instance, UAE LPG imports dropped to about 1,40,000 tonnes in August, while Qatar supplied around 60,000 tonnes. India purchased no LPG from Saudi Arabia in July and August.
The shift towards longer-distance suppliers is raising India's import costs, as cargoes from the US travel much farther than supplies from the Gulf. This could affect not only India's energy security but also the cost of importing LPG and LNG.