Mediaroom

March 2012 – WLPGA appoints Argus to produce annual Statistical Review of Global LP Gas

Leading energy price reporting agency Argus has won contracts to produce annual Statistical Review of Global LP Gas for the World LP Gas Association (WLPGA) and European LPG industry body (AEGPL) for the next three years.

 

The new reports will include historical data on supply, demand and trade flows. The first Argus-produced reports will be released during the second half of 2012 and will analyse trends by sector — industrial, commercial, transportation, domestic and chemicals. Argus LPG price assessments are widely used in physical and derivative contracts around the world. Argus LPG benchmarks include benchmarks such as the cif ARA large propane and butane assessments and the Argus North Sea Index (ANSI) propane and butane indexes, which are used in northwest and eastern Europe. The Argus Far East Index is the benchmark for LPG trading in Asia. Argus LPG World is the leading source of market intelligence, analysis and critical insight for the industry.

left to right: Mr James Rockall (CEO and Managing Director, WLPGA) and Mr Nick Black (Senior Editor, Argus Media)
Argus Media chief executive and chairman Adrian Binks said: “I am delighted that Argus has been chosen to produce the annual statistical reviews for the LPG industry by the WLPGA and the AEGPL. We look forward to providing this vital source of information for the industry.” AEGPL president Ramon de Luis Serrano said: “We are looking forward to working with Argus on our statistical review. It is a very important publication for the European LPG sector and we are confident that Argus is up to the job.” WLPGA managing director James Rockall said: “Argus was a natural choice for us when looking for a company which could deliver timely, relevant and insightful information on LPG markets.”
World LP Gas Association is the authoritative, global voice for LP Gas. It promotes the use of LP Gas worldwide to help foster a cleaner, healthier and more prosperous world and has 200 members from 90 countries. www.worldlpgas.com Argus Media is a leading provider of price assessments, business intelligence and market data on the global crude, oil products, natural gas, electricity, coal, emissions, bioenergy, fertilizer and transportation industries. It is headquartered in London and has offices in Houston, Washington, New York, Portland, Calgary, Johannesburg, Dubai, Singapore, Tokyo, Beijing, Sydney, Moscow, Astana, Kiev, Santiago and other key centres of the energy industry. Argus was founded in 1970 and is a privately held UK-registered company.

For more information contact:
Alison Abbott, Communications & Marketing Director, World LP Gas Association (aabbott@worldlpgas.com)
Seana Lanigan, Marketing Manager, Argus Media (tel +44 20 7780 4200  or email seana.lanigan@argusmedia.com)
Photographs:

Mr James Rockall (CEO and Managing Director, WLPGA) and Mr Nick Black (Senior Editor, Argus Media)