Demand for petrochem feedstock to buoy world LPG industry

Journal Article · Mon May 18 04:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:5093676

This paper reports that use of liquefied petroleum gas as petrochemical feedstock will increase worldwide, providing major growth opportunities for LPG producers. World exports of liquefied petroleum gas will increase more slowly than production as producers choose to use LPG locally as chemical feedstock and export in value added forms such as polyethylene. So predicts Poten and Partners Inc., New York. Poten forecasts LPG production in exporting countries will jump to 95 million tons in 2010 from 45 million tons in 1990. However, local and regional demand will climb to 60 million tons/year from 23 million tons/year during the same period. So supplies available for export will rise to 35 million tons in 2010 from 22 million tons in 1990.

• OSTI ID: 5093676
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:20; ISSN OIGJA; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020500 -- Petroleum-- Products & By-Products
03 NATURAL GAS
030400* -- Natural Gas-- Products & By-Products
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
DEMAND
ECONOMIC DEVELOPMENT
ENERGY DEMAND
EXPORTS
FLUIDS
FORECASTING
INDUSTRY
LIQUEFIED GASES
LIQUEFIED PETROLEUM GASES
LIQUIDS
LPG INDUSTRY
MARKET
NATURAL GAS LIQUIDS
PETROCHEMICALS
PETROLEUM INDUSTRY
PETROLEUM PRODUCTS
TRADE