India’s increased focus on cleaner cooking fuel may open the door for imports of liquefied petroleum gas from the U.S., according to Facts Global Energy.
The world’s second-largest importer of the fuel raised its target for providing free cooking gas connections to the poor by 60 percent to 80 million families, Finance Minister Arun Jaitley said in his budget speech on Thursday.
“As LPG demand in India increases, we may see US LPG cargoes coming to India. It may happen this year or next," said Ong Han Wee, the Singapore-based head of the LPG team at Facts Global. “Aside from Iran, the