VOL. XL

No. 13

31-March-1997

SAUDI ARABIA

Forecasted LPG Export Decline Likely To Be Less Severe As NewPetrochemical Plants Are Delayed

Officially, Saudi Aramco continues to stand by earlier forecastswhich predict a sharp drop in LPG exports to 10mn tons per year by the end of the decade,from a recently revised 14.5mn t/y in 1996 (MEES, 6 November 1995). But evidence ismounting that both the extent and the timing of this export reduction may be overstated.While there is no question that...