LPG cargoes

SIMON SAYS: As always – it’s all about the timing!

Submitted by Simon Hill on Thu, 11/07/2019 - 17:00

It’s a bit like trying to find a red bus on London’s Oxford Street when you really need one, just when the market could have done with a few extra LPG cargoes appearing from the U.S. Gulf, as well as more clarity on when new midstream and export expansion capacity was about to arrive, nothing much happened, but the clock keeps ticking, and with the blink of an eye we will be seeing in the New Year, 2020. It looks to me as if all those red buses are going to arrive pretty much all at once, but will we have enough passengers, or in our world, NGL production, to fill the bus up.

SIMON SAYS: Taiwan – how we love a good Tender!

Submitted by Simon Hill on Wed, 09/25/2019 - 05:00

It has to be over twenty years ago since I last set foot in Taiwan, and I must have met with both CPC and FPC, but my memory pretty much stops there. I do, though, remember visiting a company called LCY Chemicals, I don’t think they have been featured in the LPG import business into Taiwan since, but they did have an import facility in Zhenjiang, China, but only for smaller pressurised LPG cargoes.