Every time I keep looking at U.S. production numbers growing, or I hear the latest from Jim Teague announcing another export capacity expansion out of Enterprise’s LPG terminal in the U.S. Gulf, I get a bell ringing in my ear to remind me to question where all this new LPG will end up going. I know logically that additional U.S. production will find a home somewhere, as all incremental production does.
It was certainly an eye-opener for me making my first trip to Saudi Arabia back in the mid-1980s, it wasn’t the result of seeing the fairly unimpressive offices of Petromin, then the general petroleum and mineral organization responsible for LPG in the Kingdom, but it was the sight of a multitude of regional representatives from the many Japanese LPG contract holders, all sat patiently in the extremely hot reception area outside the General Manager’s office, Mr
So far this year there’s been a whole lot of hullabaloo over future U.S. LPG production growth. New fields, new pipelines, new fractionators, new export upgrades, may be even new terminals. You would think the rest of the world had gone napping! Judge for yourself, there seems a lot going on in various parts of the world, and it’s going to add more LPG to the international stage by 2025.