Insight

North America NGL: 5 things to look for in 2022

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NGL prices have gone through their fair share of ups and downs in 2021, but the recent price uptick could indicate an eventful 2022 as the major players in the space turn their attention towards the rapidly changing demand landscape. In this insight, we explore what factors could shape NGL fundamentals and price in 2022, such as the introduction of new global LPG demand, risks to both supply and demand and an overview of the Canadian NGL landscape.

Table of contents

  • New Shell cracker coming online in the middle of 2022 in PA
  • NGL demand pull from Asia Pacific
  • Global LPG demand outside of petrochemicals is challenged by rising prices
  • DUC well decline - will rigs ramp enough to keep production steady?
  • Canadian Production

Tables and charts

This report includes 1 images and tables including:

  • LPG importing countries in 2021

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    North America NGL: 5 things to look for in 2022

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