September 1998

Trends and Resources

HP Impact: HPImpact: World LPG, NGL markets assessed for 1998

The latest LPG outlook from Purvin & Gertz (P&G) assesses key market developments and pricing relationships, and provides a forecast of LPG pricing in major world markets. Highlights from the regional..

Weirauch, Wendy, Hydrocarbon Processing Staff

The latest LPG outlook from Purvin & Gertz (P&G) assesses key market developments and pricing relationships, and provides a forecast of LPG pricing in major world markets. Highlights from the regional analysis follow: Mid-summer months were quiet ones in Middle East LPG markets. Supply continues to be plentiful and available in all parts of the region. For July, Middle East exports totaled over 2.44 million tons, compared to 1.83 million tons in June. Regional demand in Asia-Pacific continues to be low. Prices decreased slightly in June and early July, but increased in August. For Europe, LPG supply for August was abundant. Oil production rates in the North Sea con

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