Asia, North America lead way in growth of NGL, LPG trade

01/12/1998
Ken Otto, Ron Gist, Craig Whitley Purvin & Gertz Inc. Houston Rick Haun Purvin & Gertz Inc. Dallas Recent analyses of world NGL trade indicate that important changes in LPG supply and demand are under way in Asia and North America. LPG markets in the 1990s reflect a rapidly shifting balance between East-of-Suez and West-of-Suez markets. This shift has increased concern about availability of future LPG supplies for Asia. World developments During 1996 and the first half of 1997, disruptions and delays of LPG supply sources combined with strong global demand and correspondingly low inventories, led to a run-up in LPG prices. Shortly thereafter, a b...
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