Business Meridian
The United States now accounts for about 67 per cent of India’s LPG imports, Petroleum Minister Hardeep Singh Puri said, marking a sharp change from the 10 per cent share planned at the start of the year.
The change reflects a strategy of diversifying supply rather than relying heavily on one geography. Global instability and disruptions around the Strait of Hormuz have made distance, shipping routes and alternative suppliers part of India’s domestic energy conversation.
The government is also pointing to storage, alternative fuels and stronger infrastructure. India’s petroleum holding capacity is reported at more than 74 days, while the country has maintained supply across roughly 107,000 retail outlets during recent global shocks.
India is the world’s third-largest energy consumer, third-largest importer and fourth-largest refining nation. That scale makes continuity important, but it also exposes the country to price and transport volatility.
A diversified import basket improves resilience, but consumers remain sensitive to affordability. Energy security will ultimately be judged by whether supply stays available and household costs remain manageable during the next disruption.