CMT’s annual LPG industry meet underscores major trends defining demand and supply across the regions – mainly the Middle East, Asia, USA and Europe.
Dubai, UAE (PRWEB) September 12, 2017
Against the backdrop of falling freight rates, higher LPG supplies from the USA and Asia’s rising demand for LPG, CMT’s annual LPG industry meet underscores major trends defining demand and supply across the regions – mainly the Middle East, Asia, USA and Europe.
LPG production in the Middle East is a key highlight at the summit. As Iran expects to double LPG production at its South Pars Gas Field, the summit has Iranian Gas Commercial Company (IGCC) discussing the Outlook of LPG Production & Export Capacity in the country.
North Asia’s LPG market is another focus area with SK Gas discussing South Korea’s LPG Market, its supply dynamics and demand drivers while Astomos Energy shares details of ‘LPG Bunkering and Outlook of Japan’s LPG Market’. In addition, Wanhua Petrochemical unveils China’s LPG demand and import growth vis-à-vis its PDH, steam-cracking, butane in gasoline sectors.
Insights into Indonesia’s LPG demand, imports and trade will be presented by state-owned PT Pertamina as the country prepares to meet at least 70% of its LPG demand in 2017 from overseas. South Asia’s LPG Market, particularly its demand, infrastructure development and import opportunities are covered in three country focused sessions – India by Indian Oil Corp Ltd (IOC), Pakistan by International Petrochemicals (IP Chem) and Bangladesh by Beximco Petroleum.
Other notable sessions include:
- Export Competitiveness of Middle East’s LPG - FACTS Global Energy
- Changing Focus of LPG in Europe - Poten & Partners
- The New Reality of the LPG Market: How is this Market Changing? - LPG Consultant
- Sub Saharan LPG Market Potential – Demand, Supply Sources & Infrastructure Development – Ultimate Gas Professionals
- Managing LPG Trade Flow with the Expanded Panama Canal – Panama Canal Authority
- LPG Shipping: VLGC Market Outlook - Trade & Fleet Growth, Ship Value Development – ViaMar
Organized by Centre for Management Technology (CMT), the summit also features a post conference workshop ‘LPG: A Byproduct Market Governed by the Economics of Major Markets’ analyzing basic principles of the LPG market and how it is dependent on the economics of oil/oil products, gas and petrochemicals markets.
Visit event website or contact Ms. Huiyan at +65 6346 9113 for more details.