Enterprise Products Partners LP signed another long-term contract to export ethane from its terminal under construction at Morgan’s Point, TX. With the additional volumes, the 200,000 b/d terminal is about 90% contracted. “This agreement is a clear indication of the continued interest for U.S. ethane as a low cost feedstock by the global petrochemical industry,” said Jim Teague, COO of the general partner. “We are in negotiations with other customers and expect the remaining capacity to be sold out when the facility begins service.” The terminal is expected to enter service in 3Q2016 and would be able to load fully refrigerated ethane at up to 10,000 bbl per hour. Supply would be sourced from Enterprise facilities at Mont Belvieu, TX, and delivered by a 24-inch diameter pipeline under construction (see Daily GPI, Oct. 30).
© 2023 Natural Gas Intelligence. All rights reserved.
ISSN © 1532-1231 | ISSN © 2577-9877 |