Face Off: U.S. and Middle East Compete for Asian LPG Market

摘要

Global trade of LPG, and more specifically propane, will change significantly over the next four years due to a supply surge, an export infrastructure buildout in North America, a growing surplus in the Middle East, and growing demand in Asia, forecasts ESAI Energy The consultancy maintains that a snapshot of U.S. LPG exports by destination highlights that until now increased exports have flowed predominantly to Asia, especially China. However, it argues in a new analysis that the era of easy growth for U.S. exports to Asia will come to an end.