Title : The Market, Energy, And Political Page, T+3 -- August 16, 2018
link : The Market, Energy, And Political Page, T+3 -- August 16, 2018
The Market, Energy, And Political Page, T+3 -- August 16, 2018
Chinese LPG requirements: Wow -- trade wars? What trade wars? China Gas will boost LPG imports threefold. Link here.- China Gas plans to increase its annual imports of liquefied petroleum gas from 2.8 million tons to 10 million tons during the next five years as it enters the petrochemicals industry
- the company’s plans also have to do with higher demand, with LPG sales to households forecast by China Gas to increase from 4 million tons in financial 2017/18 to 4.5 million tons in the current financial year, and further to 5 million tons in financial 2019/20
- how much of this increase in imports will come from the U.S., a major LPG supplier to China, remains to be seen and depends on the outcome of the trade war between Washington and Beijing -- this quote was not cited -- personal quote from the writer of the article?
- Comment: the trade war will be over long before five years are up
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