Globally Connected Infrastructure
MBbl/d
Asian LPG Import Demands to Grow ~45% by 2040
Propane and Butane Imports to Grow from 2.5 MMBbl/d to 4.0 MMBbl/d
Asian Propane Import Demand (2022 → 2040)
(Domestic Demand - Domestic Supply = Import Requirements)
2500
■China
Japan
Korea
2000
Other Asia-Pacific
1500
1000
500
0
2022
42%
Increase
by 2040
2040
1
MBbl/d
Asian Butane Import Demand (2022 → 2040)
(Domestic Demand - Domestic Supply = Import Requirements)
2000
China
■Japan
Korea
1600
Other Asia-Pacific
1200
800
400
0
2022
48%
Increase
by 2040
Asian propane import needs will continue to grow in the
coming decades, supporting higher Canadian exports.
Includes strong PDH demand in China, and heating, transport
and other uses in Japan, Korea and other regions.
Source: Energy Aspects. Notes: *See "Forward-looking Information"
AltaGas
Asian butane import needs will continue to grow in the
coming decades, supporting higher Canadian exports.
Includes growth in cooking, blending and other end markets.
Robust Asian Demand is Expected to Grow
2040
26
2
I
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