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LPG Recovers 40% of Losses
Liquefied petroleum gas (LPG) production at refineries has recovered by approximately 40% over the past three years, rising from its lowest point in 2023 of around 2.253 million barrels to 3.144 million barrels in the first quarter of 2026. This follows a 54.5% decline in 2023 compared to 2022. Although some of the losses have been regained, the produced quantities remain 36.5% below the level of the first quarter of 2022 and 12.2% below the level in the first quarter of 2021. The trend shows continued momentum in the recovery since 2024, though the pace has slowed compared to previous years, with a persistent balance between periods of decline and recovery over the past three years.
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