SINGAPORE, March 19, 2015 /PRNewswire/ --
Leading industry figures from companies such as BP, Oriental Energy, SK Advanced, Reliance, Antero, Sunoco, Indian Oil, Wanhua Chemical Group, Williams and more will come together at U.S Ethane & LPG Export Congress: Asia 2015, in Singapore on May 27-28.
These speakers will represent the United States, China, Japan, Korea, Thailand and India with the goal of understanding supply/demand balances and determining the business case for C2-C4 export, to maximize arbitrage throughout depressed crude pricing.
The huge overabundance of NGLs from the U.S. shale revolution has meant supply has dramatically surpassed domestic demand. These attractive economics led to global LPG export, and through the latter half of 2014, ethane export contracts to Europe and India through the likes of Ineos, Borealis and Reliance.
With the dramatic drop in crude at the end of 2014 the arbitrage between ethane and LPG and naphtha has become much closer, creating uncertainty over the viability for U.S. NGL export, at least in the short-term. This will be the only event that brings together leading industry figures from the United States and Asia to identify the most profitable markets for U.S. ethane and LPG.
This is the only event to provide top level insight into U.S ethane and LPG supply volume, pipeline and terminal infrastructure and accurately reveal Asian petrochemical and fuel sourcing to determine demand and export potential to China, Japan, Korea and other developing Asian economies.
For the past 4 years, American and Canadian Business Conferences have hosted midstream and downstream summits, providing the platform for the industry to exchange knowledge and ideas, resulting in a multitude of cutting edge and forward thinking initiatives.
Since 2013, American Business Conferences have hosted an Ethane series, with 2 highly successful summits taking place in Houston in October 2013 and 2014. In just a year the event nearly doubled in size, with both events receiving fantastic industry feedback.
A video from this event can be viewed here: http://www.ethane-lpg-asia.com/9/history/80/history/
For more information on the upcoming event in Singapore, please follow this link: http://www.ethane-lpg-asia.com
If you have any questions, then please email philip.brown@lbcg.com
+44-(0)800-098-8489
