Lpg news
Here are some recent news articles related to LPG (Liquefied Petroleum Gas):
Global LPG Market
- "Global LPG Market to Reach 34.6 Million Tonnes by 2025" (MarketWatch, March 2023) - The global LPG market is expected to grow at a CAGR of 4.5% from 2020 to 2025, driven by increasing demand from the industrial and commercial sectors.
- "LPG Demand to Rise 2.5% Annually to 2025" (Platts, February 2023) - The International Energy Agency (IEA) forecasts that global LPG demand will rise by 2.5% per year to 2025, driven by growth in the industrial and transportation sectors.
LPG Prices
- "LPG Prices Surge to 2-Year High on Supply Disruptions" (Bloomberg, March 2023) - LPG prices have risen to a 2-year high due to supply disruptions in the Middle East and North Africa, as well as strong demand from the industrial sector.
- "LPG Prices Fall 10% on Weak Demand" (Reuters, February 2023) - LPG prices have fallen 10% due to weak demand and increased supply from the United States and other major producers.
LPG Infrastructure
- "India to Build 12 New LPG Storage Terminals" (The Hindu, March 2023) - India plans to build 12 new LPG storage terminals to increase its storage capacity and reduce dependence on imports.
- "Qatar to Build New LPG Export Terminal" (Gulf Times, February 2023) - Qatar has announced plans to build a new LPG export terminal to increase its exports to Asia and other regions.
LPG Safety
- "LPG Safety Concerns Highlighted in New Report" (The Guardian, March 2023) - A new report has highlighted concerns about the safety of LPG storage and transportation, citing a number of recent accidents and near-misses.
- "LPG Industry Urged to Improve Safety Standards" (Energy Voice, February 2023) - The LPG industry has been urged to improve its safety standards following a number of recent accidents and near-misses.
LPG in Transportation
- "LPG Gains Popularity as Alternative Fuel for Trucks" (Truck News, March 2023) - LPG is gaining popularity as an alternative fuel for trucks, due to its lower emissions and cost compared to diesel.
- "LPG-Powered Buses to Hit Indian Roads" (The Times of India, February 2023) - India is set to introduce LPG-powered buses to reduce emissions and improve air quality in major cities.