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The NGL and LNG market is becoming increasingly more complex, competitive, and difficult to predict. The key players in the markets are demanding more flexibility, the industry is seeing a rise in LNG portfolio players as key buyers, and a single event in one continent is impacting the outlook in another. As such, players in the NGL and LNG markets need to pursue innovation and improvements to adapt to the rapidly changing global conditions and seize opportunities for growth. Hence, understanding the past and current market trends and conditions is integral to navigating the NGL market in the future.