The huge overabundance of NGL's 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.
U.S. Ethane & LPG Export: ASIA 2015 is 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.
Key Topics Covered Will Include
U.S. SUPPLY & EXPORT INFRASTRUCTURE: Providing an accurate assessment of the volumes of C2-C4 in the US and the export infrastructure in place to export to Asian markets
C2-C4 EXPORT VIABILITY DURING DEPRESSED CRUDE PRICING: Analyzing how U.S. C2-C4 compare with naphtha as a petrochemical feedstock in Asia
ASIAN PDH PROJECTS: Examining the delays on current projects with realistic assessments on their completion times and strategic advice on the feasibility and logistics to accurately quantify demand volumes
SHIPPING COSTS: Detailing the associated logistical and transportation developments to provide favorable economics and maximise export arbitrage
STORAGE: Breaking down the storage requirements for Ethane & LPG projects to determine strategies to mitigate risk and cost
MIDDLE EAST SUPPLY STRATEGY: Analyzing how Middle East export strategy and depressed crude pricing will determine U.S. competitiveness in Asian markets
ASIAN DERIVATIVE MARKET DEMAND & GROWTH: Examining the Asian derivative market to determine pricing, production capacity and export policy
LPG v LNG: Detailing price dynamics for LPG and potential growth markets in Japan, China and developing economies
ETHANE AS A FUEL: Examining the specification potential for ethane blending in LNG and as an independent source for power generation