This represents close to ten percent of India’s annual LPG imports and marks the first such structured US LPG contract for the Indian market. He said India has been consistently working to secure affordable and reliable LPG supplies by diversifying its sourcing options. As part of this effort, a team of officials from Indian Oil, Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) had visited the United States from July 21 to 24 and engaged in discussions with major US producers. These discussions, based on Mount Belvieu as the benchmark for LPG purchases, have successfully concluded with the finalisation of the contract. Puri said PSU oil companies have ensured the provision of LPG at the lowest global prices to households across the country.