ESAI Energy


All posts for ESAI Energy

ESAI Energy: Is Market Ready for Mariner East 2?

Any delay to the Mariner East 2 project would impact LPG markets from Applachia to Asia, according to ESAI Energy's analysis of the Mariner East expansion's impact on U.S. NGL exports. In contrast, ethane exports are emerging much more slowly, according to ESAI Energy's newly released Global NGL Ou ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyMariner EastUnited States +6

ESAI Energy LPG Update - MB Ethane Breakthrough

As new Gulf Coast ethane crackers and the Mariner East expansion expand the market for U.S. ethane, Mt Belvieu prices of this feedstock have achieved a breakthrough. For the first time in years, ethane is trading at more than 10 cpg above its fuel value, pushing Mont Belvieu prices to 34 cpg as of l ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyLPGLiquefied Petroleum Gas +6

OPEC Takes Small Step... or Maybe Not

OPEC has agreed to rollback overcompliance with the original production deal of November 2016. This appears to mean an increase among the voluntary over-complying countries of 450,000 b/d with the bulk coming from Saudi Arabia, Kuwait, and the UAE. However, the communique could also be interpreted ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyOPECSaudi Arabia +8

Is Europe ready for Mariner East?

As the Mariner East expansion stumbles toward completion, it is timely to examine how ready Europe is to absorb more U.S. propane.  The Mariner East expansion will enable the U.S. to triple seaborne exports of LPG from Marcus Hook to 115,000 b/d. The ability to export more product from the U.S. East ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyeuropeUnited States +5

ESAI Energy Update – Asia’s Growing Pull on U.S. Butane

The U.S. now exports more than 50,000 b/d of butane to Asia. Those deliveries are overshadowed by propane. The flow of that product to Asia has gone from less than 50,000 b/d five years ago to half a million b/d. As Asia's LPG market grows, ESAI Energy expects Asia's pull on U.S. butane, and impact ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyAsiaUnited States +2

IMO 2020: Market Implications of Changing Bunker Specs

Six-part comprehensive analysis of market implications of changng bunker specs including: Part I: Compliance and Bunker Market Size-  ESAI Energy will break down the size of the bunker market by geographic region, discuss compliance in reach region, explain enforcement mechanisms, and ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyBunkerFuel +2

Asia Petchems Provide Outlet for U.S. LPG

As U.S. and global LPG supply has returned to growth, so has Asia's appetite for propane and butane as a petrochemical feedstock. Less than six months ago, propane traded to a premium to naphtha in North Asia, making LPG unattractive to the region's petchems. Since February, however, propane is pric ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ESAI EnergyAsiaUnited States +4

ESAI Energy: Crude Oil Quality Threatens US Shale

In its May Global Crude Oil Outlook ESAI Energy points out that the growth in medium and heavy refiner demand was already pushing the OPEC+ deal towards an end by 2019. The U.S. request for more crude oil and Saudi Arabia and Russia's apparent willingness to respond provides additional rationa ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > Crude oilESAI EnergyShale +3

LPG Demand Grows in Waves

The global LPG market will grow by 325,000 b/d each of the next two years, as big gains in NGL supply are matched by an expansion in petchem capacity, according to ESAI Energy's newly published Global NGL Two-Year Outlook . Last year, scarce supplies led to a contraction of petchem demand, slowing ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ESAI EnergyLPGLiquified Petroleum Gas +4

Petchem LPG Demand Bounces Back

Global petchem use of LPG will expand by 140,000 b/d this year, according to ESAI Energy's newly published Global NGL Outlook . Last year, scarcity and high prices caused petchem demand to contract by 50,000 b/d and encouraged steam crackers to up their naphtha intake. This year, ESAI energy has be ...

OilVoice Press - OilVoice


Posted 1 year agoPress > PetchemLPGESAI Energy +4

China to Tap Stranded Russian NGLs

China is on the verge of completing a LPG terminal enabling Russia to deliver up to 100,000 b/d of LPG to China, according to ESAI Energy's newly published Global NGLs Outlook. The terminal is the first of several projects paving the way for the extraction of stranded NGLs in East Siberia and delive ...

OilVoice Press - OilVoice


Posted 1 year agoPress > ChinaRussiaNGLs +4

Chinese Government Stockpiling to Slow as Commercial Stocks are High

The last three projects of China's second phase of strategic petroleum reserve development will potentially add 90,000 b/d to government stocking in 2018 and 2019. Combined with an addtional 20,000 b/d of leased commercial storage for the SPR, it will bring strategic stocking to 110,000 b/d, accordi ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > ChinagovernmentReserves +3

U.S. Exports of Gasoline and Diesel to Latin America Will Remain Stable in 2018

In its recently published One-Year Global Fuels Outlook , ESAI Energy points out that U.S. exports of gasoline and diesel to Latin America will remain stable in 2018, near historic highs achieved in 2017 of over 1.6 million b/d combined. Over the last two years, U.S. producers have sent increasing ...

OilVoice Press - OilVoice


Posted 1 year agoPress > United StatesUSESAI Energy +4

Saudi Diesel Exports Stop Growing for Now

Diesel and jet fuel exports from the Middle East will stop growing in 2018, according to ESAI Energy's recently published Middle East Watch Products . Saudi Arabia, the biggest distillate exporter in the region, will export a similar amount as it did last year, marking a departure from four conse ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Saudi ArabiaKingdom of Saudi Arabiaexports +3

Stars Align for NGL-Fed Petchems

Naphtha and LPG pricing is starting to resemble the market investors in NGL-fed olefins capacity were counting on. According to ESAI Energy's newly published Global NGL Outlook , an outlook on global NGL markets in 2018, conditions are emerging for global demand for ethane, propane and butane to in ...

OilVoice Press - OilVoice


Posted 1 year agoPress > NGLNaptha-FedESAI Energy +1