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VERIFIEDET Finance·neutral
Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: Sources
AI Summary
- ·Indian Oil Corp is nearing a finalized deal with Algeria's Sonatrach for LPG imports.
- ·The agreement will supply one very large gas carrier of LPG monthly starting in 2027.
- ·This move aims to diversify India's LPG sources and reduce Middle East reliance.