The Sanctioning Russia Act of 2025, introduced in both the US Senate and the House of Representatives in April 2025, is currently in committee. Its enactment is far from certain and depends on negotiations toward peace between Russia and Ukraine. Were it to pass, the impact on Russia would be crippling because of the country’s reliance on exports of energy and related products.
Continue readingTag Archives: Liquefied propane gas
China to Raise Naphtha Imports to Counter Ethane and LPG Trade Uncertainties
Although trade tensions have decreased, the higher tariffs in effect and earlier supply disruptions impacting ethane and liquefied propane gas imports from the US have led China to double import quotas on naphtha, which is used mainly to make petrochemicals.
Continue readingLiquefied Propane Gas Global Trade Continues Expanding and Adapting to Shifting Market Dynamics
LPG global trade expanded each year over the 2020 to 2024 period and continued through April 2025. Rising US exports, increasing demand globally for LPG as a petrochemical feedstock and a cleaner fuel, and the ban on EU imports from Russia were key market drivers.
Continue readingThe US Eyes Tougher Sanctions on Countries Importing Iranian Petrochemicals
While US sanctions currently target specific companies that facilitate exports of Iranian oil, Washington is weighing a broader move: sanctions on countries that import Iranian petrochemicals. This potential escalation could impact ethylene glycol, methanol, polyethylene, and liquefied butane and propane gases, among others, with wide-ranging implications for global trade flows. Iranian export statistics show China as the largest destination for these products. Volumes do not, however, correlate with China’s import statistics.
Continue readingTrends in US Exports of LNG, Liquefied Propane, Ethane, and Butane
Through July, 2024, the United States exported 53.1 million tons of LNG, up 2% from the same period in the prior year. The US also exported large volumes of other gases, some of which are produced during natural gas processing: 28.5 million tons of liquefied propane gas, up 10%, 5.8 million tons of liquefied ethane, down 3%, and 4.8 million tons of liquefied butane gas, down 2%.The US Energy Information Agency says that five new LNG export projects are under construction in the US, with shipments from two projects lilkely to begin at the end of 2024.
Continue readingMost Widely-Traded Petrochemicals and Related Products Will Show Increased Global Trade Volume September 2024 YTD Versus September 2023 YTD
Gains or declines in global trade volume have wide-ranging implications for shippers, producers, marketers and planners.
Continue readingVietnam is a Major Importer of Many Polymers, Chemicals and Related Products
Polyolefins, PTA, liquefied propane gas, soda ash, PVC, MEG, PET and methanol were leading imports, with sizable volumes also of recyclable PE, ABS, polycarbonates and caustic soda.
Continue readingExpansion in Iran’s Exports of Liquefied Gases and Chemicals
Iran is a major exporter of liquefied gases and chemicals and the country’s shipments of these products have risen dramatically over the last five years.
Continue readingTrends in Global Trade in Liquefied Propane Gas
The volume of liquefied propane gas traded globally has expanded each year from 2015, with the exception of the pandemic year 2020. Exports from North America increased each year and have far exceeded exports from the Middle East.
Continue readingChina Reported Lower Imports of Most Major Polymers and Chemicals Through September, 2022
Of fifteen large volume imports, each exceeding 1 million tons, imports of only three products were up September 2022 YTD from the same period in 2021.
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