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Stayin’ Afloat With The LP Gees – US Waterborne LPG Exports I - Rosetta Stone
US waterborne exports of propane, normal butane and isobutane – known collectively as liquefied petroleum gases or LPGs - are growing rapidly – up from 148 Mb/d in 2011 to 316 Mb/d in 2013. RBN expect these volumes to continue growing from 466 Mb/d this year to 825 Mb/d in 2018 as LPG production from gas plant processing increases more rapidly than domestic demand. The two largest export terminals operated by Enterprise and Targa will add 400 Mb/d of capacity between 2013 and 2018 and as many as 8 more terminals could be built. Today we begin a deep dive series into LPG shipping.
