LPG Infrastructure Market To Register Capital Expenditure Of $4.56bn In 2016 Says Visiongain Report

12 September 2016
Energy

Visiongain’s new 194 page report Global Liquefied Petroleum Gas (Propane & Butane) Infrastructure Market 2016-2026: Forecasts for LPG Production Plants, Import & Export Terminals, Storage and Pipelines indicates that the LPG infrastructure market will see CAPEX of $4.56bn in 2016.

The lead analyst of the report said: “There is a number of exciting LPG prospects around the world, both under construction and prospective. The question is whether the demand will grow at the same pace of supply, as traditional producing regions such as the Middle East, as well as new exporting countries such as the US, are all increasing their production capacity as well as their exports. The lifting of the sanctions in Iran may also lead to more global capacity, tightening the export market for exporters in the Middle East.

The construction of LPG production plants, storage facilities, terminals and pipelines is a function of the development of the global LPG market. Investment in such infrastructure is dictated by unique supply and demand circumstances in different geographies, such as the unconventional oil and gas boom in the US and Canada as well as growth in the domestic use of LPG in places like India and South America.

There has been high availability of LPG over the past few years in North America and this is now set to increase to the point where there will be a glut of LPG in the region. As a result of this, the US has begun to target countries outside of South America for exporting the fuel and Canada is also looking at following this plan, as its main export destination, the US, no longer requires its LPG. India and the rest of Asia is the main export destination for both countries as it is a large user of LPG, with India requiring it for domestic heating and cooking and countries such as China using LPG as feedstock for the production of petrochemicals.”

The report contains 134 tables, charts and graphs that add visual analysis in order to explain developing trends within the LPG infrastructure market. Visiongain provides annual CAPEX forecasts and analysis for the period 2016-2026 for the global market, as well as a CAPEX forecast for three types of LPG infrastructure projects (production plants, storage and import/export terminals, and pipelines). The report also provides CAPEX forecasts for six LPG national/regional markets (the United States, Canada, India, the Middle East, Asia and South America, plus the rest of the world).

A companies’ chapter provides detailed analysis and outlooks for the leading companies investing in LPG infrastructure projects. The report is also underpinned by expert consultation, with the transcripts of three exclusive interviews with Gas Processing Management, Sociedade Fogas Ltd and the European LPG Association AEGPL.

The Global LPG Infrastructure Market 2016-2026 report will be of value to stakeholders already involved in the LPG industry, or for those wishing to understand and appreciate the trajectory and state-of-play of a market of growing importance to the global energy industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the energy, telecoms, pharmaceutical, defence and materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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