Liquefied petroleum gas

ACSIS, Inc. Partners with UNIgas to Revolutionize LPG Distribution in Bangladesh

Retrieved on: 
Thursday, December 12, 2019

& Manufacturer of LPG Cylinders in Bangladesh, will use the companys supply chain visibility solutions to optimize filling, distribution, delivery etc.

Key Points: 
  • & Manufacturer of LPG Cylinders in Bangladesh, will use the companys supply chain visibility solutions to optimize filling, distribution, delivery etc.
  • As a relatively new entrant, UNIgas wanted to differentiate its LPG distribution model with cutting edge IoT technologies.
  • Competition in the LPG market here in Bangladesh is fierce, said by Mr. Belal Ahmed, CEO of UNIgas.
  • With one of the largest distribution network in Bangladesh UNIgas lead the revolution in LPG distribution and journeyed ahead to become a key player across customer segments including Industrial, Commercial, Domestic and Auto LPG.

DNV GL at MARINTEC CHINA 2019: New DNV GL Class Notation Helps to Boost LPG as Ship Fuel

Retrieved on: 
Wednesday, December 4, 2019

Classification society DNV GL, recognizing that, with the exception of LNG, international regulations for such fuels are absent, developed new class rules and a class notation "Gas fuelled LPG" for using liquefied petroleum gas (LPG) as fuel in anticipation of growing industry interest.

Key Points: 
  • Classification society DNV GL, recognizing that, with the exception of LNG, international regulations for such fuels are absent, developed new class rules and a class notation "Gas fuelled LPG" for using liquefied petroleum gas (LPG) as fuel in anticipation of growing industry interest.
  • This can be a time-consuming and costly processand may impedethe uptake and expansion of lower emission alternative fuels.
  • The new rules and notation are based on DNV GL'srules for ships using LNG as fuel but account for the differences in properties and phases between LPG and LNG.
  • LPG could also act as a bridging fuel to ammonia, as the materials used for LPG tanks and systems is,in most cases,suitable for ammonia.

DNV GL at MARINTEC CHINA 2019: New DNV GL Class Notation Helps to Boost LPG as Ship Fuel

Retrieved on: 
Wednesday, December 4, 2019

Classification society DNV GL, recognizing that, with the exception of LNG, international regulations for such fuels are absent, developed new class rules and a class notation "Gas fuelled LPG" for using liquefied petroleum gas (LPG) as fuel in anticipation of growing industry interest.

Key Points: 
  • Classification society DNV GL, recognizing that, with the exception of LNG, international regulations for such fuels are absent, developed new class rules and a class notation "Gas fuelled LPG" for using liquefied petroleum gas (LPG) as fuel in anticipation of growing industry interest.
  • This can be a time-consuming and costly processand may impedethe uptake and expansion of lower emission alternative fuels.
  • The new rules and notation are based on DNV GL'srules for ships using LNG as fuel but account for the differences in properties and phases between LPG and LNG.
  • LPG could also act as a bridging fuel to ammonia, as the materials used for LPG tanks and systems is,in most cases,suitable for ammonia.

Global Liquefied Petroleum Gas (LPG) Market 2019-2023 | Adoption of LPG as Marine Fuel to Boost Growth | Technavio

Retrieved on: 
Monday, December 2, 2019

The global liquefied petroleum gas (LPG) market is expected to post a CAGR of almost 3% during the period 2019-2023, according to the latest market research report by Technavio.

Key Points: 
  • The global liquefied petroleum gas (LPG) market is expected to post a CAGR of almost 3% during the period 2019-2023, according to the latest market research report by Technavio.
  • The increasing government support for LPG adoption will be one of the major drivers in the global LPG market.
  • Thus, the increasing government support for LPG adoption will boost market growth during the forecast period of 2019-2023.
  • These factors will increase the demand for LPG as marine fuel, which will subsequently boost the market growth during the forecast period.

Growth of Liquefied Petroleum Gas (LPG) Cylinder Market to Be Impacted by Growing Trend Toward the Use of Greener Fuels | Technavio

Retrieved on: 
Thursday, November 21, 2019

Liquefied Petroleum Gas (LPG) Cylinder Market 2019-2023: Geographic Landscape

Key Points: 
  • Liquefied Petroleum Gas (LPG) Cylinder Market 2019-2023: Geographic Landscape
    Liquefied Petroleum Gas (LPG) Cylinder Market 2019-2023: Type
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  • Importing piped natural gas is a costly affair for countries, which have insufficient gas resources.
  • Therefore, the lack of infrastructure for transportation of piped natural gas will drive the growth of the LPG cylinder market.
  • Thus, the demand for LPG is increasing which will drive the LPG cylinder market growth.

Global $921 Million Composite Cylinders Market, Competition, Forecast & Opportunities, 2024 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 13, 2019

The global composite cylinders market stood at $ 601 million in 2018 and is projected to reach $ 921 million by 2024, exhibiting a CAGR of over 7% during 2019-2024, owing to the increasing demand for explosion proof, non-corrosive and lightweight LPG cylinders.

Key Points: 
  • The global composite cylinders market stood at $ 601 million in 2018 and is projected to reach $ 921 million by 2024, exhibiting a CAGR of over 7% during 2019-2024, owing to the increasing demand for explosion proof, non-corrosive and lightweight LPG cylinders.
  • Increasing consumption of LPG in the developing countries is expected to boost the demand for composite LPG cylinders during the forecast period.
  • Moreover, government push towards the usage of composite cylinders is also anticipated to positively impact growth of the composite cylinders market, globally.
  • In terms of outer casing material, the global composite cylinders market has been categorized into carbon fibers, glass fibers, high density polyethylene and others.

Asia Liquefied Petroleum Gas (LPG) Market Report 2019; Market Projected to Cross $109 Billion by 2024 - ResearchAndMarkets.com

Retrieved on: 
Monday, November 11, 2019

The "Asia Liquefied Petroleum Gas (LPG) Market, By Source (Refinery; Non-Associated Gases & Associated Gases), By Application, By LPG Composition (Propane; Butane; & Ethane), By Country, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Liquefied Petroleum Gas (LPG) Market, By Source (Refinery; Non-Associated Gases & Associated Gases), By Application, By LPG Composition (Propane; Butane; & Ethane), By Country, Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
  • By source, the Asian LPG market has been categorized into Refinery, Associated Gases & Non-Associated Gases.
  • Natural gas, natural gas liquid/condensate and shale gas producing reserves are the major sources of non-associated gas-based LPG.
  • To counter the decreasing gas reserves of the country, LNG is scheduled to be imported and blended with domestic gas in the national gas pipeline in Bangladesh.

Dorian LPG Ltd. Announces Second Quarter 2020 Earnings and Conference Call Date

Retrieved on: 
Thursday, October 24, 2019

STAMFORD, Conn., Oct. 24, 2019 /PRNewswire/ --Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), will issue a news release onThursday, October 31, 2019prior to the market open, announcing its financial results for the second quarter endedSeptember 30, 2019.

Key Points: 
  • STAMFORD, Conn., Oct. 24, 2019 /PRNewswire/ --Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), will issue a news release onThursday, October 31, 2019prior to the market open, announcing its financial results for the second quarter endedSeptember 30, 2019.
  • The conference call can be accessed live by dialing 1-877-407-9716, or for international callers, 1-201-493-6779, and requesting to be joined into the Dorian LPG call.
  • Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs.
  • Dorian LPG has offices inStamford, Connecticut, USA;London, United Kingdom; Copenhagen, Denmark; and Athens,Greece.

14th LPG Trade Summit brings LPG Producers, Buyers, Traders, Shipping Companies to Athens

Retrieved on: 
Tuesday, October 8, 2019

ATHENS, Greece, Oct. 8, 2019 /PRNewswire/ -- The Athens summit kicks off with a full day workshop on- LPG: From Simplicity to Complexity - "How to Navigate Changing Circumstances".

Key Points: 
  • ATHENS, Greece, Oct. 8, 2019 /PRNewswire/ -- The Athens summit kicks off with a full day workshop on- LPG: From Simplicity to Complexity - "How to Navigate Changing Circumstances".
  • In addition, FACTS Global Energy provides key insights on the LATAM LPG market answering a vital question - A Sink for US LPG Exports or the Beginning of a Turnaround Story?
  • LPG producers sharing latest trade dynamic updates are Indian Oil Corp (IOC) with a presentation on 'India: Consolidation of LPG market' while Bashundhara LP Gas shares details of ' Bangladesh LPG Market : Exciting Journey to Alternative Energy'.
  • Corporate Sponsors joining this summit (organized by Centre for Management Technology) are EVAS and Dorian LPG.

14th LPG Trade Summit brings LPG Producers, Buyers, Traders, Shipping Companies to Athens

Retrieved on: 
Tuesday, October 8, 2019

CMT's 14thLPG Trade Summit - on 5-6 November, 2019, in Athens - spotlights on LPG markets in Europe, USA, LATAM, China, India, Bangladesh as well as LPG freight and shipping market particularly VLGC and the impact of IMO 2020.

Key Points: 
  • CMT's 14thLPG Trade Summit - on 5-6 November, 2019, in Athens - spotlights on LPG markets in Europe, USA, LATAM, China, India, Bangladesh as well as LPG freight and shipping market particularly VLGC and the impact of IMO 2020.
  • ATHENS, Greece, Oct. 8, 2019 /PRNewswire/ -- The Athens summit kicks off with a full day workshop on- LPG: From Simplicity to Complexity - "How to Navigate Changing Circumstances".
  • LPG producers sharing latest trade dynamic updates are Indian Oil Corp (IOC) with a presentation on 'India: Consolidation of LPG market' while Bashundhara LP Gas shares details of ' Bangladesh LPG Market : Exciting Journey to Alternative Energy'.
  • Corporate Sponsors joining this summit (organized by Centre for Management Technology) are EVAS and Dorian LPG.