Indian Oil Corp (IOC), the first Indian refiner, entered into an agreement with the Algerian hydrocarbon giant Sonatrach to import liquefied petroleum gas (LPG) in 2027, according to three commercial sources cited by Reuters, this Thursday, August 20, 2026. Under this agreement, Indian Oil is expected to receive a monthly shipment of liquid petroleum gas (LPG) from India.
India's largest refining company is about to strike a major LPG deal with a small country. Under this deal, IOCL could import 45,000-55,000 tons of LPG from this country every month. This deal is expected to be long-term.
Indian Oil Corp (IOC), the first Indian refiner, entered into an agreement with the Algerian hydrocarbon giant Sonatrach to import liquefied petroleum gas (LPG) in 2027, according to three commercial sources cited by Reuters, this Thursday, August 20, 2026. Under this agreement, Indian Oil is expected to receive a monthly shipment of liquid petroleum gas (LPG) from India.