World`s LPG supply picture will change by 2000

Journal Article · Mon Nov 06 04:00:00 EST 1995 · Oil and Gas Journal

OSTI ID:122660

True, W R

Middle East LPG producers will continue to dominate world export markets in 1996. Led by Saudi Arabia, the Middle East will produce nearly 26 million metric tons of LPG in million metric tons of LPG in 1996, more than 54% of the world`s almost 48 million metric tons of export LPG. In 2000, however, with world exports of LPG expanding to 58.9 million metric tons, Middle East suppliers; share will have remained flat, making up 31.7 million metric tons, or 53.9%. Saudi Arabia`s contribution will exceed 15 million metric tons, reflecting essentially no growth since 1995. These and other patterns, from data compiled by Purvin and Gertz, Dallas, and published earlier this year, show other suppliers of LPG, especially African (Algeria/Nigeria), North Sea, and Latin American (Venezuela/Argentina), picking up larger shares in the last 5 years of this decade. This scenario assumes completion of several major supply projects that are either panned, under construction, or nearing start up in most of these areas. The paper discusses the global picture, the supply situation in the Middle East, Africa, the North Sea, and South America.

• OSTI ID: 122660
• Journal Information: Oil and Gas Journal, Journal Name: Oil and Gas Journal Journal Issue: 45 Vol. 93; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
29 ENERGY PLANNING, POLICY, AND ECONOMY
AUSTRALIA
BUTANE
CANADA
COMPILED DATA
FORECASTING
FUEL SUPPLIES
GLOBAL ASPECTS
INDONESIA
LIQUEFIED PETROLEUM GASES
LPG INDUSTRY
NATURAL GAS PROCESSING PLANTS
PRODUCTION
PROPANE
RUSSIAN FEDERATION