We are pretty optimistic about the out- look for LPG production and transpor- tation. Certain forecasts see LPG output almost doubling to 25mn t/yr by 2020. Most of this will be shipped by rail. Probably. Its depends on railcar prices this year and on the state of the markets for products shipped by different types of rolling stock. We did not buy general rolling stock, which forms the basis of our fleet, in 2012, but we launched a large-scale LPG railcar purchase programme. We contracted about 1,500 such cars from Ukrainian manufacturer Azovmash and about 500 have been delivered. We expect to receive 1,000 more this year.
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