BPCL plans 1,000+ new fuel outlets in FY27 as US LPG sourcing diversifies supply

Bharat Petroleum will add over 1,000 fuel stations in FY27, building on 1,700 added in FY26 to reach 25,300 outlets. Parallel move into US spot LPG cargoes (2.2 mt deal) cuts West Asia dependence from 90%. FY26 profit nearly doubled to ₹25,843 cr on ₹5.22 trn revenue.

— Source publishedWed, 20 May, 2026, 16:03 IST·First seen Wed, 20 May, 2026, 16:09 IST·Source Mint

What happened

BPCL made first-ever US spot LPG purchases to ease West Asia supply disruption, plans 1,000+ new fuel outlets in FY27 atop 25,300 stations, and reported FY26

Key facts

  • 33 million tonnes annual LPG
  • 60-65% imports
  • 90% from West Asia
  • 2 US cargoes
  • 45,000-48,000 tonnes VLGC
  • 28% LPG market share
  • 93.5 million cylinder connections
  • 340 million households
  • 2.2 million tonnes US deal
  • 25,300 fuel outlets
  • 1,700 stations added FY26
  • 1,000+ planned FY27
  • 54.18 mt fuel sales FY26
  • ₹25,843 cr FY26 profit
  • ₹5.22 trillion revenue

Why this matters

The 2.2 mt US LPG deal cutting West Asia dependence from 90% opens partnership and offtake opportunities with US exporters and creates strategic optionality for further sourcing JVs.

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