Our Business

At BW LPG Limited, we are in the business of transporting clean energy products to the world.  Read more about the nature of our business, the power of LPG, and the dynamics of the LPG sector within the maritime industry. 

LPG - A Clean Energy Source

LPG consists primarily of propane and butane. It is produced alongside natural gas and oil production and is a by product of the refinery process. Although tied to refining and the production of natural gas and crude oil, LPG has its own distinct supply chain and market structures. 

LPG is a clean energy source relative to other fossil fuels and has numerous applications such as in residential and commercial heating, cooking, fuel for transportation and as a petrochemical and refinery feedstock. The largest consumer of LPG globally is the retail market, which accounts for about 60% of total LPG consumption. 

Global Consumption of LPG

Much of global LPG supply is from countries that are distant from consuming regions. Approximately a quarter of LPG produced is exported by sea. The Arabian Gulf is the largest hub for LPG exports, and Asia is the world's largest importing hub for LPG. 

LPG Value Chain

BW LPG is the leading owner / operator of Very Large Gas Carriers, which are particularly well suited to high-volume long distance upstream transportation of liquid petroleum gases (‘LPG ’). We also own Large Gas Carriers which are suitable for medium and long haul transportation and can carry ammonia as well as LPG. Our touch points within the value chain typically include export terminals (linked to upstream pipelines and storage facilities) and import terminals (linked to downstream storage and transportation). These vessels are also used in large-scale maritime storage projects - often acting as floating terminals themselves. Our capabilities extend to smaller asset classes suitable to downstream transportation of LPG.

Click on the image below for an illustration of the LPG Value Chain.