​OIL & GAS Price Trend

INTRODUCE

2017.10

​Daego Energy Co., LTD.

2012.12

Asia Europe Bridge Co., Ltd.

 
 

MARKETS

LPG is a product with a substantive price fluctuation driven by changes in the commodity and financial markets. Therefore, a successful LPG trading business depends on maintaining a price competitive edge through securing a stable supply network. DAEGO ENERGY Company aims to provide LPG to end users at a competitive price through the construction of a dedicated LPG
storage facility, which enables it offer a stable supply of LPG to filling stations, bulk lorry filling operators, industrial clients, vendors, and take advantage of the Korean Government’s relaxation of the basic registration requirements for LPG trading business (maintain a storage facility that can hold 15 days’ worth
of supplies for domestic sales).

  • Buy, sell, transport, store and distribute Liqueried Petroleum Gas LPG.

  • Secure a stable LPG supply network through the construction of a LPG tank terminal storage facility.

  • Import, store, and sell LPG in Korea, and engage in spot trade in the Southeast Asia market.

  • Create an international LPG business network with major energy firms.

  • Establish a secure supplier network through strong ties with refiners and gas producers in China,
    Russia and the Middle East, Nigeria and major global commodity trading companies.

  • Maintain price competitiveness proactively addresses price changes arising from fluctuations in the
    financial markets through trading techniques like Singapore spot market direct purchase and exchange transactions.

LPG Supply Price

Saudi Aramco CP (FOB) price on Base...
(Price is negotiable depending on short or long-term contract)
 

SOLUTION

Trading

  • Procure LPG at highly competitive prices compared to Saudi Aramco or other Contract Prices.

  • Secure major energy firm suppliers through global network

  • Enter the third party LPG trading business in Southeast Asia

Tank

Terminal

  • 20,000 tonnes storage facility at the National Industry Complex.

  • Sales and distribution to filling stations and secondary filling operators.

  • Pursue joint purchase initiative schemes together with filling and bulk cooperatives.

  • Provide domestic end-users with products at highly competitive prices.

PRODUCT

PRODUCT : LPG

Liquefied Petroleum Gas (LPG) is a hydrocarbon gas that exists in a liquefied form. Examples of such are Butane and Propane; both are LPG but differences in their chemical properties means they are particularly suited to specific uses.

Propane

Propane is primarily used for BBQs, off-grid
domestic LPG central heating, LPG gas cookers,
caravans, plus numerous other residential
and commercial applications.

Cooking and Heating

LPG is used for cooking and heating purposes at homes, schools, hospitals, and restaurants, in addition to be utilized as an additive for urban natural gas supply to
apartment complexes and large scale industrial facilities.

Industrial

LPG is utilized for a wide range of industrial purposes, including heating, drying, surface treatment, welding, solvent, greenhouse cultivation and carbon dioxide
production.

Butane

Butane is perfect for fuelling indoor portable heaters,
plus is often used as refrigeration fuel, in cigarette
lighters and as a propellant in both household and
industrial environments.

Motor Fuel

LPG is a high Octane fuel that is used for spark ignition engines in taxis and recreational vehicles, which are equipped with reinforced plastic fuel tanks that are 
charged with LPG.

Petrochemical

LPG is widely used in the production of chemical compounds such as maleic anhydride.

PRODUCT : LNG

LNG is the acronym for liquefied natural gas, that has been made over millions of years of
transformation of organic materials, such as plankton and algae. Natural gas is 95% methane,
which is actually the cleanest fossil fuel. The combustion of natural gas primarily emits water vapour
and small amounts of carbon dioxide (CO2). This property means that associated CO2 emissions are
30 to 50% lower than those produced by other combustible fuels.

Liquefaction as an economical transport and storage method

Natural gas is extracted from fields located predominantly in countries such as Algeria, Norway, Qatar,
Russia, Nigeria and the USA. The distance between these countries and their markets means that it is not
always possible to transport the natural gas produced via gas pipelines; in this case, the easiest and most
economical alternative is to ship it by sea in LNG tankers.

To enable maritime transport, the natural gas is cooled down by means of a refrigerated cycle
(compression, condensation, expansion, evaporation) that transforms the gas into a liquid form at -160°C:
this is known as Liquefied Natural Gas (LNG). LNG, which is largely composed of methane (85 to 99%), is
odourless, colourless, non-toxic and non-corrosive.

Once it has been liquefied, very large quantities of Liquefied Natural Gas can be stored and transported in
LNG tanker ships. The cargo is transported in thermally insulated tanks, specially designed to maintain the
natural gas in liquid form at -160°C.

Natural gas is the lightest hydrocarbon, with one carbon atom for 4 hydrogen atoms (CH4). Its combustion does not emit soot, dust or fumes. It generates 30% less carbon dioxide (CO2) than fuel oil and 45% less than coal, with a twofold reduction in nitrogen oxide (N0x) emissions and very low sulphur dioxide (SO2) emissions.

 
 

CONTACTS

INFO

Email: info@daegoenergy.com

TEL: 82-2-6968-2968

FAX: 82-2-2678-7176

ADD:(Yangpyeongdong 5-ga, Seonyudo-Station 1st ISBizTower) #801, 26, Yangpyeong-ro 21-gil, Yeongdeungpo-gu, Seoul, Republic of Korea

© 2018 by DaegoEnergy.Co., LTD