LPG Seaborne Transportation

Pacific Track – LPG Supply
A big Ocean……
Pacific Islands Land Area
Pacific Islands Population
Pacific Islands LPG Consumption
= ˂ 0.2 % World’s surface land
= ˂ 0.5 % Pacific Ocean total area
= ˂ 0.2% World Population
= ˂ 0.05% World LPG consumption
= ˂ 0.2% World LPG Seaborn Trade
World LPG Scene
Total Consumption
275 million tons
Domestic
45%
Chemical Feedstock : Autogas
27% : 10%
N° 1 Exporter
USA
World Seaborn Trade
80 million tons
Caribs
- Main Caribbean
Importers less than
5 days away from
USG product and
less than 4 days
away from USEC
product
- Less than 2 days
away from
Venezuela and
Trinidad and
Tobago
Europe
European/Algerian
product less than
1.5 days away from
major receiving
Ports
US product less
than 12 days away
from major
European ports
WAF product less
than 10 days away
from southern
Europe major ports
Africa
- African Domestic product
less than 4 days away from
major consuming areas
- Algerian LPG less than 8 days
away from main African ports
- US product (USG + USEC)
less than 15 days away from
main African ports
- MEG product less than10
days away from East Africa
(Kenya/Mombasa)
South China Sea
- SEAsia is 10
days away from
MEG
- 20 days away
from WAF
product
- New Panama
Canal will
shorten the
USG/China
distance by 35 %
Oceania
Two regional
supply sources
from EC
Australia and
New Zealand
Large scale
imports of
Propane into
the Sydney
Cavern
Supply, Storage
& Consumption
are balanced
Bulk versus Isotainer
Capacity = 3’800’000 litres
Capacity = 24’700 litres
General Scheme
Filling the Tanktainer
Loading Inter-Island
Storage on the Quay -Bora Bora
Transfer from
Tanktainer to Bobtail
What can change ?
What can’t change
o
o
o
o
o
o
o
Small scattered populations
Correspondingly low domestic consumption
Little or no industrial consumption
Severe challenge for Autogas – but Fiji responding
Long distances
Port/berth constraints
New supply sources too far away
What could change and why
o New application – power generation
o Greater domestic penetration
o Base price shift
Thank you
Maps Credit:
www.cia.gov