One of the largest and the world’s fastest growing LPG market opens up to the United States. In our endeavour to provide secure affordable supplies of LPG to the people of India, we have been diversifying our LPG sourcing. In a significant development, Indian PSU oil companies have successfully concluded a 1 year deal for imports of around 2.2 MTPA LPG, close to 10% of our annual imports - for the contract year 2026, to be sourced from the US Gulf Coast- the first structured contract of US LPG for the Indian market. This purchase is based on using Mount Belvieu as the benchmark for LPG purchases and a team of our officials from IndianOil, BPCL and HPCL had visited the US and engaged in discussions with major US producers over the last few months, which have been concluded now. Under the leadership of PM Narendra Modi Ji, our PSU oil companies have been providing LPG at the lowest global prices to all our mothers and sisters. Even as global prices soared by over 60% last year, Modi Ji ensured that our Ujjwala consumers continued to receive LPG cylinder at just ₹500-550 whereas the actual cost of the cylinder was over ₹1100. Government of India incurred the cost of over ₹40000 crores last year in order to ensure our mothers and sisters did not feel the burden of rising international LPG prices.