LPG and LNG Projects
A Reliable, Essential Energy Supply for Central Europe
Historically, Romania has been dependent on one source of fuel and
has been unable to meet demand during peak winter periods,
thus creating an immediate need for imported LPG into the country and
the Danube Basin area of Southeast Europe.
The project introduced propane-air-natural gas blending technology,
while assisting with fuel demand. The cryogenic LPG import terminal
and propane-air mixing stations would provide a valuable source of
supplemental fuel. In addition, the project would aid in more traditional
LPG markets for domestic bottled gas, petrochemical industry feedstock,
and other commercial uses. Since per capita LPG consumption is relatively low
in Romania the potential for high-growth use is tremendous.
The benefits of a Romanian LPG project include establishing a reliable energy supply; providing entry into a high-growth market through emerging economies in the region; and a strategic location in Central Europe to service surrounding countries.
Romanian companies ROMGAZ R.A, RENEL R.A, and ROMPETROL S.A. and U.S. companies UGI Enterprises, Energy Transportation Group, and North American Wolrd Trade signed the largest Romanian-American energy deal to build a LPG Terminal facility on the Black Sea Port of Constanta with a capacity of 600,000 tonnes. The investment represents the largest Romanian-American joint venture in the energy sector. The LPG project was a precursor to an LNG project.