Panama Canal expansion and Mexico reforms rewrite LPG trade

Mexico’s energy reforms, in combination with the expansion of the Panama Canal, have reconfigured the fortunes for liquefied petroleum gas (LPG), according to an analysis by IHS Markit.

LPG, a blend of propane and butane that is used in Latin America and elsewhere for residential and commercial cooking/heating, also may be combined with other natural gas liquids (NGL) as feedstock for petrochemical production.

Source: Natural Gas Intelligence