In the run-up to LPG Week in Dubai (5-9 December), FGE will be hosting a pre-LPG Week virtual briefing to provide our clients with a comprehensive outlook of the LPG market in 2022, including discussions on industry key themes and hot topics.
From pandemics to Polar Vortexes, 2021 was another year to remember. Many will remember the incredible images of Texas “freezing over” after Storm Uri and how it exposed the dependency of the global LPG and petrochemical supply chain on the USA. It set the scene for an upside-down year. The US recovery was lacklustre, and with the Middle East failing to respond, balances were looking very tight.
As we approach another La Niña this winter, many are wondering whether the market has enough supplies to carry us through and, more importantly, at what price.
What will 2022 have in store? Between ongoing geopolitical considerations in the Middle East, an OPEC+ that feels it’s got its mojo back, most of the market writing off a US recovery, and the continued march of petrochemical additions, most are looking at another tight market next year. Could it be a bit too early to call this a “new normal”?
And let’s not forget the Energy Transition, which is in full swing in our view. Shipowners are increasingly adopting LPG as the solution to future-proof their fleet as they look for more creative options through the Panama Canal. In Africa, aspirations are coming to fruition as infrastructure plans move forward. In Latin America, dreams of LPG as a widely adopted autofuel have started to become reality.
However, the Energy Transition isn’t just the sunlit uplands that many have been talking about. Real challenges are emerging on the supply side as funding becomes increasingly difficult to support supplies needed to sustain LPG as a competitive fuel and feedstock in many parts of the world.
These questions and more will be addressed in FGE’s LPG Forecast 2022 webinar, which will be held on 30 November, 2021. If you are interested in attending this webinar, please register using the links below. Please note, this webinar is being held twice in the same day to accommodate clients from around the world.
Date: Thursday 2 December, 2021
Times: Session 1: 3:00 p.m. (Singapore Time GMT+8) Session 2: 2:00 p.m. (London Time GMT)
Notes: We will be hosting the same webinar twice in one day, in order to accommodate clients and guests from around the world. Depending on where you are in the world, you will have the option of registering for the most conveniently timed webinar. Please note the timezones when registering. Registrations are subject to approval. Registrations must be from a company email address. Registrations from hotmail, gmail, or other free domains will not be approved.
If you are unable to attend this webinar, please contact our Marketing Team and we will arrange for you to receive a recording of the webinar after the event.
Register - Session 1
Register - Session 2
Are members of the press/media allowed to attend?
Unfortunately, members of the press/media are not allowed to attend FGE webinars. If there is anything specific you would like to discuss with FGE, including insights on market developments, please contact [email protected].
Will I receive a recording of the webinar? If so, when?
All approved registrants will receive a link to a recording of the webinar, so you can view it in your own time. We aim to send the link out within 24-48 hours of the webinar taking place.