April 1999

Trends and Resources

HP Impact: HPImpact: LPG industry in FSU has 'potential for revival,' says P&G

The former Soviet Union (FSU) has the largest natural gas reserves in the world. The region also contains significant crude oil reserves. Recent declines in crude oil production appear to have leveled..

Weirauch, Wendy, Hydrocarbon Processing Staff

The former Soviet Union (FSU) has the largest natural gas reserves in the world. The region also contains significant crude oil reserves. Recent declines in crude oil production appear to have leveled and the climate for investing may be improving as financial controls are implemented and global energy prices gradually recover, so says a new report from Purvin & Gertz (P&G). Crude oil and natural gas production in the FSU is expected to slowly rebound by 2004-5. Historically, the NGL business in the region (primarily in Russia) has not operated optimally compared to the established industries in North America, Western Europe and the Middle East. Given the current structure

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Hydrocarbon Processing magazine.

2) SUBSCRIBE to Hydrocarbon Processing magazine in print or digital format and gain ACCESS to the current issue as well as to 3 articles from the HP archives per month. $399 for an annual subscription*.

3) Start a FULL ACCESS PLAN SUBSCRIPTION and regain ACCESS to this article, the current issue, all past issues in the HP Archive, the HP Process Handbooks, HP Market Data, and more. $1,995 for an annual subscription.  For information about group rates or multi-year terms, contact J'Nette Davis-Nichols at Jnette.Davis-Nichols@GulfEnergyInfo.com or +1 713.520.4426*.

*Access will be granted the next business day.

From the Archive

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}