Bangladesh produces almost none of the LPG it consumes, so the question of where the molecules come from, and how they get here, is not a technical footnote. It is the defining strategic question of the decade. The country’s energy transition includes a shift in trade routes. The US has become a viable LPG export option at a time when geopolitical issues are forcing a change.
At just before seven in the morning in a fifth-floor apartment in Mirpur, a woman lights the burner on her stove, and a small, steady flame appears — blue, almost weightless. A kettle goes on. Tea is poured. The flame is unremarkable. It is also, in a quiet way, the most consequential thing in the kitchen. It is a symbol of the energy transition happening right now in Bangladesh – from natural gas to LPG.
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Westlark Advisors has taken the burden of the everyday supply logistics off our plate and allowed us to focus on our operations in the critical times of the year. They have educated our team along the way and helped us brainstorm options/risks that fit our business model. Westlark Advisors has allowed the Tevis organization to explore opportunities within the supply and hedging arena that we would not have been exposed to without the relationship.
We experience less angst when making a futures purchase.*
They not only taught us how to plan and diversify our supply, but also new ways to protect the price. They have been great at negotiating supply deals and putting plans in place to know we will be secure when the market is not. I am confident that if things get tight we will be in a better position than our competitors.
We can’t say enough about the high level of service the entire team provided us. We relied on them and they came through for us over and over. They are complete professionals and a pleasure to do business with.
It has been one of the best decisions that our company has ever made. The Westlark Advisors team have looked after our interests since day one, and have executed the plan each year very well.
Westlark Advisors has partnered with energy firms since 1998 to provide transparent, value-driven commodity market advisory services.
