LPG-Diesel dual-fuel engines to emerge soon

MAN Diesel & Turbo is partnering with Hyundai Heavy Industries Co. to develop dual-fuel marine enginesthat run on both liquefied petroleum gas (LPG) and diesel as clean fuel demand stretches to skies and sea from land.

Read more here: http://www.hellenicshippingnews.com/hyundai-heavy-industries-to-make-lpg-diesel-dual-fuel-engines/

Why so high?

Stakeholders in the LPG industry have voiced out their displeasure at the recent hike in prices of LPG in Nigeria. Numerous challenges are being faced by the LPG sector, which are not limited to the high tariff but also infrastructure, (e.g. non-functional cylinder manufacturing plant, jetty constraints).

Read more at: https://www.vanguardngr.com/2018/02/lpg-stakeholders-decry-high-tariff/

LPG defies seasonal trend

Global markets for LPG in the last year have defied expectations about seasonal patterns in supply and demand. Traditionally, there has been greater demand during winter with a lesser demand in summer. However, underlying factors are indicating a longer-running shift in LPG markets. Read more here: http://www.hellenicshippingnews.com/lpgs-flipped-year-of-summer-strength-and-winter-weakness/

Indian market to open up for US imports

India, the world’s second-largest importer of LPG, has raised its target for providing free cooking gas connections to the poor by 60 percent to 80 million families. This could mean potential market for the USA. Read more here: https://www.bloomberg.com/news/articles/2018-02-02/clean-fuel-focus-in-india-may-open-door-for-u-s-lpg-imports