Sectorial analysis of liquefied petroleum gas

Abstract

This article shows the results of the analysis performed to the Liquefied Petroleum Gas (LPG) sector, covering aspects related to its production and consumption, initially addressing the international scenario with countries such as Spain, Brazil, China, India and Ghana, to later make the analysis of the national scenario with a look at the participation of the sector within the energy matrix. Finally, a comparison of the international scenario with the national reality is made, concluding that the contribution of the sector to the economy of the country is quite small, it is not competitive despite having favorable environmental characteristics, making urgent its intervention in order to take it to be competitive within the basket of liquid fuels, in such a way that it becomes a viable alternative energy and is established from a public policy sector structure, allowing supply a market and meet social and economic needs.

Global Oil Industry Efficiency and Productivity in the Upstream Sector

“…The oil industry faces challenges that jeopardize its operations; there is a gradual transition to renewable energies, there are new technologies for extraction, a substitution of oil products by other products less harmful to the environment, and stricter environmental policies (Alpizar- Castro & Rodríguez-Monroy, 2016). Despite this, petroleum remains the main source of energy supply; many of its products do not have a viable substitute, and economic growth generates greater demand for energy (Rozo et al, 2019).…”