World LPG production poised to surge; ethane will grow in Middle East

06/27/2005
Ajey Chandra Ron Gist Ken Otto S. Craig Whitley Purvin & Gertz Inc. Houston The worldwide LPG industry continues to expand faster than most other energy markets. World trade in ethane is also expanding, especially in the Middle East.Growth in residential and commercial markets for LPG, particularly those east of the Suez Canal, has been especially strong, with India and China leading the trend. Weak economies and high LPG prices in 2003 slowed this growth somewhat, but 2004 growth was strong as some of those same economies expanded rapidly.The future of the LPG markets is clouded, however, by prospects for a surge in production over the next several years. Market growth can absorb t...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected