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NGLStrategy LPG Market Seminar Attendee List

NameRSVP Status
David JonesYes
Arthur VanHoutenYes
Hannah KadirYes
Oscar ParadaYes
Chrystelle ErtsaasYes
Richard HuhYes
Anthony CashYes
Tom KnouseYes
Andrew WeberYes
Lauro GutierrezYes
Natalie ZhangYes
Charles MarshallYes
George CamposYes
Jan KalfusYes
Natalie ZhangYes
Bill BriggsYes
Yasuyuki SaguchiYes
joel mccomasYes
Sean GallagherYes
Michael MatthewsYes
Yuni HwangYes
Liam O\'MahonyYes
Mark JoswiakYes
Alan EngbergYes
Mark BrunoYes
Scott WilbornYes
Alfonso CanedoYes
Laurentino RangelYes
Ben ScriberYes
Kelly RussellYes
Randy GiveansYes
Angus SoYes
Jed ButlerYes
Tuffli NguyenYes
Joshua DeaneYes
Niel RootareYes
Anne PsencikYes
Ty PetersonYes
joel mccomasYes
Sho MochizukiNo Response
Kensuke KushimotoNo Response
Tatsuya HamaguchiNo Response
Haruka FujiokaNo Response
Richard DodgsonNo Response
Daniel O'SullivanNo Response
Tunc DemirNo Response
Elifcan YazganNo Response
Can KokaNo Response
Nil KayiranNo Response
Nicholas LeeNo Response
Gregory BamertNo Response
Michael BisigNo Response
Luca CeriniNo Response
Truels NilsenNo Response
Christos NtaraklitsisNo Response
Glenn LoddenNo Response
Hui Khuan PanNo Response
Iver BaatvikNo Response
Joy DuNo Response
Knut SolheimNo Response
Niels RigaultNo Response
Howard JohnsonNo Response
Peder OstlyngenNo Response
Michelle NatarajanNo Response
Alan CornerNo Response
Justyna BrownridgeNo Response
Chris ConstantinouNo Response
Aislinn CrozierNo Response
Brian KnaupNo Response
Mark EllingsonNo Response
Danielle LebretNo Response
Tara JungwirthNo Response
Chad NoklebyNo Response
Kalyan SenguptaNo Response
Klay AllenNo Response
David GuionNo Response
Scott McKayNo Response
Chee Meng LoNo Response
Subir BectorNo Response
Kendrick WangNo Response
Jonathan PangNo Response
Tom KenisonNo Response
Peter HadjipaterasNo Response
Alex HadjipaterasNo Response
Taro RasmussenNo Response
Tim HansenNo Response
Longji YiljepNo Response
Ted YoungNo Response
Pete ThomsonNo Response
Derek RichieNo Response
Ross HendeyNo Response
Mark NightingaleNo Response
Blake SammonsNo Response
Drew BergNo Response
Sean UpchurchNo Response
Wee Kiang LimNo Response
Ji Kang ParkNo Response
Lauren McCordNo Response
Daniel VierlingNo Response
John BateyNo Response

NGLS April 2020 LPG Market Update following OPEC+ decision

The black swan events of 2020 have radically transformed the energy markets including LPG global supply/demand and trade. After the recent decision from OPEC+ to curb crude oil production by 9.7 mmb/d, the global LPG trade expectation for 2020 transformed once again, with less LPG available for exports which in turn is expected to destroy demand further. NGLStrategy has updated the view of global LPG exports following two recent updates in December 2019 and March 2020. Based on this:

  • Steam cracking remains one of the key swing factors – with lower supply, prices are expected to remain firm decreasing propane’s advantage as a feedstock vs naphtha. Overall demand will reduce in steam crackers particularly in N. Europe
  • Additional drop in retail demand expected both east and west due to COVID-19.
  • Some retail markets typically dependent on Middle East supply may not grow as expected due to lower export availability.
  • PDH demand is not expected to change significantly from NGLS’ previous update as on-purpose propylene is anticipated to be needed based on estimated propylene demand.

NGLStrategy has updated it’s 2020 view on global LPG trade expectations as crude oil production is curbed from May onwards. With less LPG available for exports both East and West, demand in some sectors is expected to be destroyed. Which sectors, the level of reduction in Middle East and US exports and the resulting influence of such cuts on pricing and shipping are explored in our April Market Update report.

To find out more, contact us to receive further information about the update report or set up a market call with our consultants/analysts to discuss about the recent changes and how they can affect your business – email: info@nglstrategy.com