Ken Otto, Craig Whitley, Ron Gist, Ajey Chandra
Purvin & Gertz Inc.
Changes in worldwide LPG production capacity and demand will cause the East-of-Suez region to move from being a net LPG exporter to a net importer in 2000.
This shift is a departure from historical trade patterns.
The deficit of LPG in the Middle East will last only until 2003 when production capacity in the region again begins to increase to overcome internal regional demand (Fig. 1 [73,598 bytes]).
Along with the changes in the exporting position of the Middle East, the overall level of waterborne trade across the globe will expand dramatically in the same timeframe. Waterborne trad...