Aramco’s Juaymah Outage Lifts Asian LPG Prices as Buyers Seek Alternatives
A structural collapse at Saudi Aramco’s Juaymah NGL facility at Ras Tanura on Monday has driven Asian LPG prices sharply higher, with importers seeking alternative cargoes after March loadings were cancelled. Read More
USGC-Europe, Asia LPG Arbitrages Soar to 16-Month High
LPG pricing spreads between the U.S. Gulf, Northwest Europe, and Asia have surged to 16-month highs following a major infrastructure failure at Saudi Aramco’s Juaymah NGL terminal. With March cargo acceptances cancelled and exports potentially cut by 74%, the widening arbitrage is driving up global propane assessments and increasing demand for U.S. Gulf VLGC exports. Read More
Asia’s Propane-Butane Spread Narrows on Shift to Mixed US Cargoes
Asia’s propane-butane price spread is narrowing as U.S. suppliers shift from lifting propane-heavy cargoes to evenly split propane-butane mixes, market sources told OPIS. Read More
Rising Prices, Maintenance to Cap Asia’s LPG Cracking in March: OPIS Poll
Flexible crackers in Asia are set to reduce LPG cracking volumes in February and March, as a sustained price rally and a heavy maintenance season in the first quarter continue to keep buying activities at bay, according to the latest monthly OPIS survey. Read More
Chinese LPG Buyers Shift From Term Deals to Spot Buying
Chinese propane dehydrogenation operators have increased spot market activity for LPG cargoes, as buying interest shifts away from term supply contracts amid persistent price and policy uncertainties, industry sources said. Read More
Petchem Consolidation, Rising Prices Curb Asia’s LPG Cracking: OPIS Poll
Asia’s flexible crackers are set to reduce LPG cracking volumes in February as petrochemical consolidation gathers pace in East Asia and LPG prices rise amid tight supply, according to the latest monthly OPIS cracking survey concluded on Jan. 8. Read More
Asia LPG Supply Tightens on Winter Restocking, Cargo Swaps: Sources
Asia’s LPG supply has tightened as importers ramp up buying for winter restocking and cargo swap activity, according to sources, with the market entering backwardation after several months in contango. Read More
Asia’s LPG Cracking to Rise on Lower Prices, Naphtha Supply Risks: OPIS Poll
Asia’s flexible crackers are set to increase LPG cracking volumes in December, driven by a decline in LPG prices and concerns over potential naphtha supply disruptions following U.S. sanctions on Russian oil majors, according to the latest monthly OPIS cracking survey. Read More
OPIS Global LPG: Energy Transfer Opens Fourth Dock at Nederland Terminal
Energy Transfer has announced to delegates at the 2025 OPIS Global LPG Conference in Houston that the fourth dock at its Nederland Terminal on the Texas Gulf Coast began operations on Friday, with all four docks now in use. Read More
OPIS Global LPG: Argentina’s TGS to Treble NGL Output with Vaca Muerta
Excelerate Energy and Transportadora de Gas del Sur (TGS) have announced plans to expand natural gas liquid (NGL) output by more than threefold from the Vaca Muerta project, with a final investment decision (FID) expected in the first quarter 2026, TGS NGL business manager Diego Freire told delegates at the OPIS LPG conference in Houston Friday. Read More
OPIS Global LPG: Mont Belvieu Role Strengthens as NGL Exports Surge
Houston - The U.S. natural gas liquids (NGLs) market has undergone a dramatic transformation since the start of the shale revolution, evolving from a largely domestic industry into the world's leading NGL export center. At the heart of this growth lies Mont Belvieu, Texas, the Gulf Coast hub that has become the epicenter of America's NGL infrastructure, trading, and connectivity. Read More
OPIS Global LPG: ACP Sets Out Timeline for Corridor Pipeline Project
The Panama Canal Authority (ACP) laid out its proposed timeline for its corridor program, targeting a start up of operations in 2030, ACP Chief Business Development Officer Rafael Pirro said at the OPIS LPG conference in Houston. Read More
Naphtha East-West Spread Widens on Fresh US Sanctions
The naphtha market has rallied with the regional east-west price gap widening to a three-year high, following U.S. sanctions on Russian oil giants Rosneft and Lukoil announced on Wednesday. Read More
Indian NOCs Seek Inaugural US Term LPG Using OPIS Mont Belvieu Price
State-run refiners Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. have jointly issued the first-ever Indian term tender seeking U.S.-origin LPG cargoes using OPIS Mont Belvieu prices for 2026 delivery, according to a tender document dated Friday. Read More
China Approves Underground Propane Cavern in Ningbo as Bonded Warehouse
China has approved the 2 million cubic meter underground propane cavern operated by Ningbo Baidinian Liquefied Petroleum Gas, a subsidiary of Matheson Energy, as a bonded warehouse, according to a news article published on the Ningbo Customs website on Sept. 10. Read More
Asia’s LPG Cracking to Fall in October Amid Rising Prices: OPIS Poll
Asia’s flexible crackers are set to reduce LPG cracking volumes in October, as prices climb on stronger demand from Chinese importers following the U.S.-China tariff pause extension, the latest monthly OPIS cracking survey shows. Read More
US-China LPG Trade Flows to Recover in September: Sources
U.S.-origin LPG cargo flows into China are expected to recover next month amid easing uncertainties among Chinese buyers following the Aug. 11 announcement of a tariff truce extension, market sources said. Read More
Asia’s LPG Market Raises Concerns Over Methanol Content in Cargoes
LPG market participants in Asia are raising quality concerns over a growing number of propane cargoes with high levels of methanol—a contaminant which poses risks to operations in the propane dehydrogenation sector. Read More
Asia’s LPG Cracking to Rise in September Despite Trade Tensions: OPIS Poll
Asia’s flexible crackers are set to increase LPG cracking volumes in September, driven by lower prices and ample regional supply, despite renewed trade tensions sparked by new U.S. tariffs across multiple countries, according to the latest monthly OPIS cracking survey. Read More
Asia’s LPG Market Slows Further on Price Increase, Continued Uncertainty
Asia's LPG market activity has slowed even further this week, as non-Chinese importers retreat in response to rising prices and persistent uncertainty following the inconclusive U.S.-China trade talks in Stockholm, trade sources said. Read More
Naphtha Buyers in Asia Shun Russia-Linked Refiner Post-EU Sanctions
Naphtha buyers in Asia are shying away from a Russia-linked refinery’s cargoes following sanctions imposed by the European Union on Friday, while weak market fundamentals have also contributed to the buying apathy, sources said. Read More
Asia’s LPG Cracking to Fall in August on Higher Naphtha Demand: OPIS Poll
Asia’s flexible crackers are set to reduce LPG cracking in August as operators pivot toward naphtha as their primary feedstock and curb run rates, the latest monthly OPIS cracking survey concluded on Monday shows. Read More
Asia Sees Weak LPG Buying Demand Despite Price Drop
Competition from naphtha, tariff uncertainty and sluggish demand from major importing countries have contributed to weak buying interest in Asia's LPG market despite a sharp price drop following the Israel-Iran ceasefire, market sources said. Read More
Middle East Gulf LPG Exports Hit Quarterly Record High
Liquefied petroleum gas (LPG) exports from the Middle East Gulf climbed to a record high in the second quarter of the year, exceeding the previous high by 12.9%, data from shipping analytics firm Vortexa showed. Read More
Enterprise Reveals Potential Easing of Curbs on Ethane Exports to China
New York-listed midstream major Enterprise Products Partners disclosed late Wednesday that Washington would allow it to load ethane cargoes destined for China at its Houston Ship Channel docks. But Enterprise or its cargo counterparties will not be able to discharge these shipments in China "without further authorization." Read More
China’s PDH Sector Faces Slow Recovery Amid Geopolitical, Trade Uncertainty
China’s propane dehydrogenation sector is expected to see a slow recovery amid geopolitical risks in the Middle East and lingering uncertainty from the ongoing U.S.-China trade war, LPG market analysts said. Read More
US Ethane Exports at Risk after Enterprise Reveals Cargo Denials
Ethane exports from the United States appear set to take a big hit because of a new licensing regime introduced by Washington to regulate shipments to China. Read More