Background Image

FGE In the Media


Iran's resilient LPG exports face growing threat

LPG
 

The threat for the LPG market is lower than it is for crude, but if Israel were to target Iran's gas processing plants or the two refineries in Bandar Abbas — PGS and Bandar Abbas — which yield over 20pc of the country's refinery LPG, the ramifications could still be substantial, consultancy FGE's Middle East managing director Iman Nasseri says. Iran's three LPG terminals could also theoretically be attacked, preventing the country's seaborne exports, but "I doubt they will be", he says.
Iran's buoyant LPG trade is also unlikely to be disrupted by tightening US sanctions or the potential return of Donald Trump as US president "unless gas processing plants or terminals are destroyed", Nasseri says.

Read Article

Further Information

If you require additional information on this article, or you would like to speak with a member of our marketing team, please contact us:


FGE London

+44 (0) 20 7726 9570