Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr
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CHINA, CHINA,<br />
CHINA?<br />
5<br />
4<br />
3<br />
2<br />
1<br />
0<br />
Chinese petchem imports (mio ton)<br />
VCM<br />
Propylene<br />
Ethylene<br />
2003 2004 2005 2006 2007 2008 2009 2010 2011<br />
Thousands ton<br />
800<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
Chinese <strong>LPG</strong> trade<br />
• Strong expansion in Chinese petchem imports halted? 2009 boost explained<br />
by stimulus pro<strong>gr</strong>am, lack of and delays in domestic cracker projects<br />
• Distribution trading to close neighbors emerged overnight and provides<br />
significant employment for Pressurized ships<br />
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2003 2004 2005 2006 2007 2008 2009 2010 2011<br />
Exports Imports<br />
Source: Joachim Grieg<br />
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