In 2009, the Association commissioned ACIL Tasman (now ACIL Allen Consulting) to prepare an annual study of the supply and demand for LPG using a methodology that addressed concerns about the consistency and coverage of past studies. A suitable methodology was developed and has been used to compile supply and demand studies for the years 2008 to 2017.
This year’s Study reports LPG produced and consumed in the Australian autogas and stationary energy (or traditional) markets in 2017. The Study covers LPG trade, sources of supply, including producers and marketers, and demand on a national and state by state basis. It is backed up by a comprehensive range of tables and data analysis and includes data from 2008 onwards for comparison purposes.
The Study shows domestic production of LPG from oil and gas fields and from petroleum refineries was 1,835 kilotonnes (kT) in 2017. This represented a 7.4per cent decrease on 2016 and was mainly caused by a decline in production of LPG from the North West Shelf and Gippsland Basin producing fields.
In 2017, Australia exported 1,169 kT of LPG and imported 520 kT of LPG. Exports of LPG decreased by 4.0per cent between 2016 and 2017. Imports increased by 5.2 percent over the same period.
Over the period from 2008 to 2017, total sales of LPG declined from 1,815 kT in 2008 to 1,174 kT in 2017. The traditional market increased slightly from 728 kT to 762 kT while the autogas market declined markedly from 1,087 kT to 411 kT.
Total demand for LPG declined by 8.0per cent between 2016 and 2017. Autogas sales declined by 22.7 percent and the traditional market increased by 2.4 percent over this period. This contraction highlights the importance of the Association’s initiatives to increase awareness of the benets of the fuel and support initiatives to encourage the use of autogas.
The complete Study is in PDF format and can be viewed here