Africa Gaining Importance In World LPG Trade

Rick R. Haun Purvin & Gertz Inc. Dallas Ken W. Otto, S. Craig Whitley Purvin & Gertz Inc. Houston Major LPG projects planned or under way in Africa will increase the importance of that region's presence in world LPG trade. Supplies will nearly double between 1995 and 2005, at which time they will remain steady for at least 10 years. At the same time that exports are leveling, however, increasing domestic demand for LPG is likely to reduce export-market participation by Algeria, Nigeria, Egypt, and Libya. The growth of Africa's participation in world LPG supply is reflected in comparisons for the next 15-20 years. Total world supply of LPG in 1995 ...

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