international magazine
03 / 2018

Russia's LPG 2018

In his welcome, Dmitry Mironov, Gazenergoset St. Petersburg managing director, noted that the configuration of Russia's liquefied petroleum gas (LPG) market is gradually changing. In particular, there are new exchange trading tools. He proposed to discuss these and other topics during the conference. By the end of 2017, the structure of the Russian LPG market for the first time in several years has changed significantly, stated Leonid Kruchinin, Impexneftekhim deputy marketing director. Exports did not essentially grow: in 2017 they totaled 6.46mn t, which practically matches the level of 2016. The consumption of LPG by petrochemical industry has decreased, the LPG production has not grown, and only utilities use of LPG increased by 4.4%