Algeria Was Major Source of ‘98 Import Increase

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• The major source of net imports increase was from Algeria. It supplied almost 19 thousand barrels per day more in 1998 than in 1997.

• The warm winter in the U.S. and in Europe kept propane demand weak, but supply moved ahead. 1998 saw rising exports from Algeria, which found their way to the U.S.

U.S. Propane Imports By Source (Thousand Barrels per Day)

1996 1997 1998

Canada 73.4 85.6 84.0

Norway 7.4 2.9 3.5

UK 0.6 0.0 5.2

Saudi Arabia 5.4 0.0 3.1

Algeria 20.6 12.9 31.5

Venezuela & Brazil 8.7 11.7 10.3

Mexico 3.3 0.0 0.0

Total 119.5 113.1 137.6