New Delhi: Indian Oil Corp, the country's top refiner, has finalised a deal with Algeria's Sonatrach to import liquefied petroleum gas (LPG) in 2027, three trade sources aware of the matter said.
India is diversifying its sources of LPG, mainly used as cooking gas, to cut its reliance on the Middle East after the recent blockade of the Strait of Hormuz affected energy flows, forcing the South Asian nation to ration LPG supplies.
