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ADNOC Trading, TotalEnergies, Chevron poised to win Indian LPG term tender for 2027, traders say

By Reuters News

By Nidhi Verma

GOA, India, Oct 28 (Reuters) - Indian state-owned LPG importers are likely to award a joint tender seeking ​around 2.75 million metric tons of liquefied ‌petroleum gas for delivery in 2027 to ADNOC Trading, TotalEnergies Trading and Chevron, two market participants said on Wednesday.

  • Overall Indian companies received about a dozen bids for the term import tender

  • Indian ​Oil IOC.NS, Bharat Petroleum BPCL.NS, and Hindustan Petroleum HPCL.NS had sought four very large gas carrier cargoes ⁠per month O/TEND

  • Oil Minister Hardeep Singh Puri said on Tuesday India is buying 67% of its LPG imports from the US

  • Oil companies typically do not comment on tenders

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