CNG, LPG and biogas distribution and Refining and reforming

Energy flows from refining and reforming to CNG, LPG and biogas distribution; their prices have moved together.

CNG, LPG and biogas distribution (energy) and Refining and reforming (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · 4% of flow · Refining and reforming → CNG, LPG and biogas distribution

Refineries produce LPG for cylinders.

• 4% of Refining and reforming's energy goes this way

2. Price link: co-product

Cost and price · Strong · Both ways

Refineries produce LPG as a by-product of crude processing, so refinery runs add supply. The refinery products index correlates with propane at 0.51 for monthly and 0.76 for yearly moves, since oil markets set both.

• 0.51 monthly change correlation
• 0.76 12-month change correlation
• 0.83 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.