BPCL Seeks LNG Cargo For January Delivery Amid Rising Winter Demand

Updated: December 09, 2025 14:45

Image Source : Moneycontrol

Bharat Petroleum Corporation Ltd (BPCL) has issued a tender seeking liquefied natural gas (LNG) cargo for delivery in January 2026. The move reflects India’s rising winter energy demand and the company’s strategy to secure supplies amid fluctuating global prices and tightening availability in Asian markets

India’s state-run Bharat Petroleum Corporation Ltd has floated a tender to procure LNG cargo for January delivery, according to market sources. The request comes as Asian LNG demand spikes during the winter season, with buyers across the region competing for limited spot cargoes. BPCL’s procurement highlights India’s growing reliance on LNG imports to meet industrial and household energy needs, especially as domestic production remains constrained.

Key highlights from the announcement include

BPCL has sought one LNG cargo for January 2026 delivery, with bids expected to close shortly.

The tender reflects India’s seasonal demand surge, driven by higher consumption in power generation and city gas distribution.

Asian LNG spot prices have firmed in recent weeks due to colder weather and supply disruptions.

India’s LNG imports account for nearly half of its natural gas consumption, underscoring dependence on global markets.

BPCL’s move follows similar tenders by other Indian buyers, including GAIL and Indian Oil, to secure winter supplies.

The company is expanding its LNG infrastructure, including terminals and regasification facilities, to strengthen long-term energy security.

Analysts note that India’s LNG demand is expected to rise steadily as the government pushes for cleaner fuels in industry and transport.

The tender comes at a time when global LNG markets are facing volatility. Supply constraints from major exporters and geopolitical uncertainties have tightened availability, while Asian buyers, including Japan, South Korea, and China, are competing aggressively for cargoes. For India, securing timely deliveries is critical to avoid shortages and price spikes in domestic markets.

BPCL’s procurement strategy reflects a broader national push toward diversifying energy sources and reducing dependence on coal. With LNG playing a key role in India’s transition to cleaner fuels, the company’s tender underscores both immediate needs and long-term commitments to sustainable energy.

Sources: Reuters, Business Standard, Economic Times, Mint