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Africa gaining importance in world LPG trade.

Author(s) : HAUN R. R., OTTO K. W., WHITLEY S. C.

Type of article: Article

Summary

Major LPG projects planned or under way in Africa will increase the importance of that region's presence in world LPG trade. Supplies will nearly double between 1995 and 2005, at which time they will remain for at least 10 years. At the same time that exports are leveling, however, increasing domestic demand for LPG is likely to reduce export-market participation by Algeria, Nigeria, Egypt and Lybia. The growth of Africa's participation in world LPG supply is reflected in comparisons for the next 15-20 years. Total world supply of LPG in 1995 was about 165 million metric tonnes, of which Africa's share was 7.8 million tonnes (4.7%). By 2000, world supply will grow to slightly more than 200 million tonnes, with Africa's share expect to increase to 13.2 million tonnes (6.6%).

Details

  • Original title: Africa gaining importance in world LPG trade.
  • Record ID : 1998-0743
  • Languages: English
  • Subject: Figures, economy
  • Source: Oil Gas J. - vol. 95 - n. 19
  • Publication date: 1997/05/12
  • Document available for consultation in the library of the IIR headquarters only.

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