Enterprise Products Partners LP has sold out capacity at its planned 1.65 billion pounds/year propane dehydrogenation (PDH), which is scheduled to begin operation during the third quarter of 2015. In anticipation of a continuing decrease in supplies of propylene, Enterprise is in talks with additional customers that could lead to the development of additional PDH capacity, the company said. Last June Enterprise said it would build a PDH facility on the Texas Gulf Coast that would consume up to 35,000 b/d of propane to produce 1.65 billion pounds/year (750,000 metric tons per year or 25,000 b/d) of polymer-grade propylene (PGP) (see Shale Daily, June 22, 2012). The facility is to be integrated with the partnership’s existing propylene fractionation facilities, which have capacity of 5.3 billion pounds/year. The PDH facility will also be integrated with Enterprise’s PGP storage facilities, 102-mile distribution pipeline system and export terminal. “This [PDH capacity] demand is being driven by the combination of a 38% decrease in propylene supplies since 2006 due to additional ethane consumption by U.S. petrochemical companies and the growing supplies of domestic propane from the U.S. shale plays,” said Jim Teague, COO of Enterprise’s general partner.
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Report: U.S.-Based LNG Could Cut Hawaii Energy Costs
Liquefied natural gas (LNG) imports could cut residents and businesses oil-based energy bills in Hawaii substantially during the next 20 years, according to a University of Hawaii study. Potential savings were classified as “huge,” given gas-indexed pricing, but the report also acknowledged that LNG exports carry various risks, given sources, oil-gas price differences over time and the state’s level of energy demand reduction in future years.
Nebraska: Keystone XL Alternate Route Ruling Imminent
A final evaluation by Nebraska environmental officials is expected during early January regarding TransCanada Corp.’s alternative route for its proposed Keystone XL oil pipeline to avoid environmentally sensitive areas in the Sand Hills region of the state.
Keystone XL Alternate Route Ruling Expected This Month
A final evaluation by Nebraska environmental officials is expected during early January regarding TransCanada Corp.’s alternative route for its proposed Keystone XL oil pipeline to avoid environmentally sensitive areas in the Sand Hills region of the state.
ConocoPhillips, Sinopec to Explore China’s Sichuan Basin
ConocoPhillips has entered into an agreement with China Petrochemical Corp., a state-owned company also known as Sinopec Group, to perform a study of unconventional oil and natural gas resources in China’s Sichuan Basin.
NuStar Expanding Eagle Ford Crude Assets
NuStar Energy LP is expanding its South Texas Crude Oil Pipeline System with the support of a long-term pipeline and terminal services agreement recently struck with ConocoPhillips, the partnership said Thursday.
Consol, EQT Only Bidders for Allegheny Airports NatGas Lease
Consol Energy Inc. and EQT Corp. were the only companies to submit bids for leases to drill for natural gas on 9,263 acres at Pittsburgh International Airport and Allegheny County Airport just outside of the city, according to the Allegheny County Airport Authority (ACAA).
California: 85% of Cap-Trade Funds to Cut Power Costs
Up to 85% of the projected revenues from California’s proposed greenhouse gas (GHG) cap-and-trade auction could be used to cut retail electricity rates during the next eight years, according to a proposed state regulatory decision released this month. Eventual cap-and-trade revenues in the state have been estimated to range from $5.7 billion to $22.6 billion through 2020.
University at Buffalo to Close Shale Institute
The University at Buffalo (UB) will close its Shale Resources and Society Institute (SRSI), which during its seven-month life issued a hydraulic fracturing (fracking) study that was the target of criticism from several areas, including some UB staff, university President Satish Tripathi said last week.
Reversing Course, University Closes Shale Institute
The University at Buffalo (UB) will close its Shale Resources and Society Institute (SRSI), which during its seven-month life issued a hydraulic fracturing (fracking) study that was the target of criticism from several areas, including some UB staff, university President Satish Tripathi said Monday.
