Indian Oil Corporation Signs LPG Import Deal with Algeria
6 Articles
6 Articles
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 , 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.
Algeria is in advanced negotiations with an Indian oil company for a contract for the export of liquefied petroleum gas (LPG). The agreement would cover monthly deliveries of between 45,000 and 55,000 metric tons from 2027. This transaction is part of a context of geopolitical tensions in the Middle East. According to information published on Thursday 20 August 2026 by the specialized site Attaqa, the Algerian national company Sonatrach is in di…
Indian Oil Corporation signs LPG import deal with Algeria
Indian Oil Corporation has secured a deal with Algeria's Sonatrach to import liquefied petroleum gas from 2027 as India seeks more competitive pricing and supply diversification. The post Indian Oil Corporation signs LPG import deal with Algeria appeared first on Business Elites Africa.
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