US LPG producers to see plenty of overseas demand.

摘要

According to David Appleton, a senior analyst for Argus Media, Asia's and especially China's LPG deficit will grow rapidly in the coming years. China's LPG consumption rose by 22.9 from 2014 to 2015, supported by a combination of petrochemical demand for propane dehydrogenation plans and household use. At the same time, China's LPG imports rose 70. "We do see continued increases, particularly in the PDH sector, but also the demand for residential use of LPG continues to expand," Mr. Appleton said at the Argus Americas LPG Summit in Houston. "We are forecasting this to carry on. There will come a point where it slows down, but we don't see this in the next four to five years." By 2020, he said, China's LPG demand will have risen by 7MM mt/y (222K b/d), bringing its total deficit to 19MM mt/y (604K b/d). Asia as a whole will need to import 50MM mt/y (1.6MM b/d) of LPG from other regions the same year.