
OPIS Blog » NGL & LPG
39 FOLLOWERS
Get expert tips, practical insight and timely pricing and fuel market information. Understand how the markets tick and keep up with changes that could affect pricing. Oil Price Information Service (OPIS) provides price transparency across the global supply chain so that all stakeholders can buy and sell oil and energy commodities with confidence.
OPIS Blog » NGL & LPG
1y ago
A consolidation frenzy in the midstream sector is seeing integrated majors snap up gathering and processing firms active in America's shale hinterlands, as the majors jostle with one another to source more y-grade (the raw mix of natural gas liquids) to feed into their expanding fractionation and export operations ..read more
OPIS Blog » NGL & LPG
2y ago
Anyone working in the gas liquids market knows the need (and hassle) to convert global NGLs.
NGLs — a.k.a. ethane, propane, pentanes+, normal butane and isobutane — are shipped all over the world, every day, from export hubs as diverse as Mont Belvieu, Texas, and the Arab Gulf ..read more
OPIS Blog » NGL & LPG
2y ago
NGLs, like other hydrocarbons, have undergone a metamorphosis in recent years, given wild fluctuations in crude and natural gas prices in the wake of Covid-19 and the war in Ukraine ..read more
OPIS Blog » NGL & LPG
2y ago
With all due respect to the Jackson Five, sometimes A-B-C is not easy as 1-2-3.
We’re talking NGL or LPG or LNG – abbreviations for gases that can trip up even a seasoned energy market veteran. Let’s take a moment to straighten out our definitions for these important gas terms and then familiarize ourselves with common uses for this hydrocarbon alphabet soup. There will be a very easy-to-follow graphic that you can print out and ponder at your leisure, too. We’ve got your back ..read more
OPIS Blog » NGL & LPG
2y ago
The coronavirus disease 2019 (COVID-19) has significantly impacted the mainland Chinese energy markets, and the spread of the virus to pandemic proportions is affecting energy markets across the world.
Demand destruction from COVID-19 disrupted mainland China's energy system, and the virus is now propagating through and to energy markets globally, lowering energy demand in its wake ..read more
OPIS Blog » NGL & LPG
2y ago
Natural Gas Liquids prices dropped significantly in 2019, opening up opportunities – and challenges – for exports of products such as propane, butane and ethane in 2020 and beyond ..read more
OPIS Blog » NGL & LPG
2y ago
OPIS analysis suggests that protracted robust premiums for natural gas over liquefied petroleum gas (LPG), a tightening of supply in East Europe since Russia’s invasion and rising demand from the petrochemical sector are shaping a new norm of elevated U.S. imports into Northwest Europe, as the flood of U.S. LPG exports to Europe over June and July reach multi-year highs ..read more
OPIS Blog » NGL & LPG
2y ago
Ukraine is in the grip of widespread fuel shortages as the country tears itself away from Russian exports, and imports from the west are impeded by logistical challenges and regional shortages in a redraw of the European energy map.
Since Russia’s invasion of Ukraine on February 24, about 60% of its retail fuel stations have closed, according to Kyiv-based Artem Kuyun, director of Ukrainian fuel consulting group A-95. Motorists who want to drive to the border face waiting times of between five and seven hours to fill up their tanks, with some resorting to sleeping in their cars parked at the ..read more
OPIS Blog » NGL & LPG
2y ago
A key message to emerge from the recent India Energy Forum by CERAWeek was the strong commitment by the Indian government in a transition to cleaner energy, with Indian Prime Minister Narendra Modi reiterating his government's commitment to the climate goals of the Paris Agreement, while drawing attention to the developing nation's growing energy demand.
This message may, however, face obstacles from an unexpected and often unrecognized quarter in energy transition discussions – tradition and an individual’s belief structure, especially in rural areas.
The role of these forces and the obsta ..read more
OPIS Blog » NGL & LPG
2y ago
The LPG sector is exploring almost a dozen different pathways to usher in a decarbonized “bioLPG” future, however, commercial and technical hurdles have yet to be overcome to bring volumes to scale, delegates heard at this year’s World LPG Association (WLPGA) “e-LPG Week.”
Produced from renewable and organic feedstock, bioLPG has an identical chemical structure to conventional LPG, though its carbon footprint is up to 80% lower, according to Liquid Gas Europe, the European LPG sector body.
Already available in a number of European countries, in small but steadily growing volumes, bioLPG can ..read more