Effective from January 2026, with possible extensions, the state-run oil majors Indian Oil Corporation (IOCL), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) will handle supplies at the Indian end.“A historic first! This effectively leaves room for more purchases subject to competitive pricing.Puri said the purchase is based on using Mount Belvieu – the premier US LPG pricing hub – as the benchmark. "This isn't just about energy; it's about fair, equitable ties," Goyal stated last week at the Udyog Samagam 2025 forum. Qatar dominates with a 27per cent share (down from 32 percent in 2012–13), followed by the UAE at 26per cent and Saudi Arabia at 19per cent. "We've shielded households from shocks; now, we're securing supplies," Puri emphasized on X, crediting Prime Minister Narendra Modi's vision.