Logistical challenges result in ship-to-ship transfers of U.S. propane exports (4/13/2016)

U.S. propane exports have increased significantly over the past three years, but only after market participants overcame several transportation challenges to reach export customers. The first challenge was to build sufficient export capacity, which has mostly already taken place. The second challenge is how to economically transport large quantities of propane over long distances. The current solution to the logistics challenge has resulted in import and export data abnormalities, and may indicate that U.S. propane exports have a larger market share in Asia than previously reported. ... More »