Ethane

Mexico will need to build out new infrastructure to import ethane in order to keep its petrochemicals industry afloat amid insufficient domestic natural gas production, according to local experts. President Andrés Manuel López Obrador’s recent call to renegotiate or even cancel an ethane supply agreement between state oil company Petróleos Mexicanos (Pemex) and the Etileno…

Natural gas supply is once again at the heart of a contractual dispute between Mexico’s government and the private sector, with President Andrés Manuel López Obrador’s sights now trained on the Etileno XXI petrochemicals plant owned by Braskem Idesa in Veracruz state. López Obrador said Monday the terms under which state oil company Petróleos Mexicanos…

A rebound in demand for ethane as a key feedstock for petrochemical manufacturing should fuel production growth through 2021, according to the Energy Information Administration (EIA). EIA forecasted in its August Short-Term Energy Outlook that ethane production would exceed 2 million b/d by the fourth quarter. That would mark a 9% increase from the start…

PTT Global Chemical pcl has lost its equity partner in a multi-billion dollar ethane cracker proposed for southeast Ohio.  Daelim Chemical USA dropped its stake, citing the Covid-19 pandemic’s impact on the project timeline and the global economy’s impact on its investment plans. PTT affiliate PTTGC America LLC said it would move ahead with the…

A sharp recovery in natural gas liquids (NGL) production projected in the Permian Basin won’t be enough to stave off a dramatic decline in overall U.S. output, which Rystad Energy is forecasting will tumble to under 4.2 b/d in 2021.

Pennsylvania Gov. Tom Wolf has vetoed a bill that would have provided a tax credit for using state-produced natural gas to make petrochemicals or fertilizer.

Pennsylvania Gov. Tom Wolf has vetoed a bill that would have provided a tax credit for using state-produced natural gas to make petrochemicals or fertilizer.

Competitive Power Ventures Inc. (CPV) said this week that it is prepared to burn ethane at its new natural gas-fired power plant in Central Pennsylvania after successfully testing new technology.

Ohio has contributed another $20 million to finish site preparation work in Belmont County for a proposed multi-billion dollar ethane cracker.