Trending

US Becomes India’s Top Gas Supplier As Iran War Cuts Gulf Countries’ Supply

The U.S. has emerged as the top supplier of liquefied natural gas and liquefied petroleum gas to India in May, as shipments from the Gulf countries fell due to traffic disruptions in the Strait of Hormuz.

India imports 60% of its liquefied natural gas (LNG) and almost all liquefied petroleum gas (LPG) supplies through the critical waterway, which has been disrupted since the U.S. and Israel first struck Iran on Feb. 28.

Washington supplied 630,000 tonnes of LPG to India in May, roughly 60% more than the 380,000 tonnes the country received from all the Gulf countries put together, as per data from Kpler.

More here

BACK TO HOMEPAGE