BEIJING, April 10 (Reuters) – A deal between China’s top refiner Sinopec Corp and Phillips 66 could be a game changer that signals the United States is on track to become one of the top suppliers of liquefied petroleum gas (LPG) to the world’s second-biggest economy.
China is the biggest consumer of LPG, a compressed mix of propane and butane, used for heating and transport, and now increasingly being considered for making petrochemicals. Continue reading “Riding shale boom, U.S to become major LPG supplier to China”