India Diversifies LPG Imports: Indian Oil’s Algeria Deal Signals Shift Away From Gulf Dependence
India Looks Beyond the Gulf for LPG India is reshaping its liquefied petroleum gas supply strategy after disruptions around the Strait of Hormuz exposed the risks of relying heavily on Middle Eastern energy routes. Indian Oil Corporation (IOC), the country’s largest refiner, has finalized a supply agreement with Algeria’s state-owned energy company Sonatrach for LPG…