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Home > Commodities Focus > Middle East LPG suppliers eye boosting exports to capture Asian demand
Podcast: Commodities Focus
Episode:

Middle East LPG suppliers eye boosting exports to capture Asian demand
Category: Business
Duration: 00:09:04
Publish Date: 2022-02-11 05:50:13
Description:

Asia's LPG demand has been growing over the last decade, led by China's mushrooming petrochemical sector. India’s LPG demand has also grown due to large subsidy-driven household consumption. But major Middle Eastern exporters have to grapple with growing competition from other producers, led by the shale-driven US natural gas liquids sector. In a move to win back traditional buyers and entrench themselves in a bullish LPG market, Middle Eastern producers are projected to boost export volumes in 2022. S&P Global Platts Wendy Wells, Ramthan Hussain and Joshua Ong discuss what lies ahead for the LPG markets in 2022.
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