Processing: LPG surplus developing in association with LNG supply jump

01/01/2007
Production of LPG-the world’s most widely traded NGL-is on the rise everywhere but in North America. That growth is partially tied to an anticipated jump in 2007 in the world’s LNG production capacities.As 2007 gets under way, the outlook for LPG is characterized by high prices and plentiful supply. The consultancy Purvin & Gertz, Houston, in late 2006 said the LPG market has moved in the last 2 years from being demand-driven to being supply-driven.Globally high crude oil and natural gas prices are supporting equally high LPG prices. This condition has increased production while dampening demand, especially in developing markets. Middle East production and exports are incr...
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