Latin American LPG production could overwhelm demand

Warren R. True Pipeline/Gas Processing Editor New and planned Latin American LPG plants will prompt the fastest rise in regional LPG supplies in history. Some producers, in fact, risk adding supplies too quickly, depending on the country and the markets they serve. That's the message delivered by Purvin & Gertz Inc., Houston, to its annual U.S./International LPG Seminar held recently at The Woodlands, Tex. Craig Whitley, Purvin & Gertz senior principal, said it could take several years for domestic Latin American LPG demand to absorb surplus supplies if projects come on as planned and demand builds at rates predicted by state-owned oil companies and majo...

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