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Operating rate in Shandong was at low level

Affected by dropping transaction of feed stock of blended oil, profit of products from deep-processing plants was narrowed. Producers were cautious about the market trend, reducing the units’ operating rate.

01-15-2015 18:34:00

How will the propane price go after growth

Recently, propane price went up largely, especially in Shandong with amount of increase of CNY1,000-1,500/mt. This was because players made a large amount purchase while the price was lowered almost at bottom.

12-25-2014 13:46:40

East China price index of LPG & LNG in equal calorific value

Function of LNG in residential, commercial and industrial field is the same with LPG. As residential pipeline of LNG and LPG is irreversible, alternate of function is irreversible too. However, as for industrial and commercial field, alternate function is adjustable based on economic attribute.

12-24-2014 16:32:09

Price of both upstream products and downstream dropped, bringing difficult to deep-processing plants

In this week, theoretical profit of products from deep-processing units including aromatization, alkylation and isomerization in Shandong went up as cost for feed gas dropped.

12-10-2014 10:40:30

International and China LPG supply and Asia demand trend

In November 13, 2014, Doctor Wu Kang, vice president of FGE, gave a speech in 2014 China Petrochemical Industry Annual Conference.

11-20-2014 18:01:34

China LPG Supply & Demand Analysis and Future Trend

Affected by the bearish market of international crude oil, the propane and butane market was slack. Most refineries shut down to avoid risks, especially in Shandong province. Thus the supply of propane and butane reduced. As winter is approaching, the demand of propane and butane will grow.

10-30-2014 17:08:13

China LPG production volume in October Went up

According to JYD data, China LPG production volume in October reached 1.92-1.93 million mt, up by 1.61% than last month (September).

10-29-2014 17:23:09

Uzbekistan Expected to Increase Natural Gas Export to China in 2015

It is said that Gazprom will stop the natural gas import from Uzbekistan and Turkmenistan. Affected by this, Uzbekistan will export more natural gas to China. It is expected that by 2015, Uzbekistan will increase the natural gas export volume to 10 billion m3.

10-28-2014 15:22:44

Operating Rate of Deep-processing Enterprises may Shrink Further

In October, the continuous drop of international crude oil price led to the fall of expected CP for November.

10-17-2014 09:02:57

Propane Supply and Security Act of 2014 Introduced; Bi-Partisan Action Benefits Propane Customers

Washington, DC (July 31, 2014) – Today, a bi-partisan group of senators made up of, Sen. Tammy Baldwin (D-WI), Sen. Al Franken (D-MN), and Sen. Rob Portman (R-OH), introduced the “Propane Supply and Security Act of 2014”.

10-10-2014 16:26:48

Fracing Without Fluid Removes Water from Unconventional Resource Mix

An unconventional frac job requires 5 million gal of water on average. About 50-80% of this amount will flow back to surface within the first few weeks of production.

09-26-2014 16:34:40

EPP to Build US Gulf Coast LPG Export Terminal

Enterprise Products Partners LP (EPP) says it will build a 6-6.5 million bbl/month LPG export terminal at a yet-to-be-determined site on the US Gulf Coast. The terminal will load low-ethane propane and butane onto vessels up to VLGC-class in size.

09-26-2014 16:24:38

Study: Glut of US Ethane to Remain; Exports to Balance Propane, Butane

A new study of US NGL markets from Simmons & Co. International, Houston, sees ethane remaining in oversupply near term and export growth bringing balance to propane and butane markets.

09-26-2014 16:14:58

China New PDH Units May Need to Resell Propane if Delayed

China's new propane dehydrogenation (PDH) units that are scheduled to come on line in 2014 may be forced to resell their contracted feedstock propane cargoes if start ups are delayed, industry sources said on Monday.

09-16-2014 16:48:41

South China LPG Spot Prices Fall for 8th Consecutive Week on Oversupply

Around 342,000 mt of imported LPG arrived in southern China in May and around 363,000 mt in April, data from Beijing-based energy information provider JYD Commodities Hub showed. In comparison, only 194,800 mt of LPG was imported during March, according to JYD.

09-16-2014 16:24:40

Govt moves LPG, fuel supplies to Kashmir valley

New Delhi: The government is moving LPG and other fuel supplies to marooned Kashmir valley using alternative routes, Oil Minister Dharmendra Pradhan said on Thursday.

09-16-2014 15:50:01

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