Wholesale propane prices at the main U.S. natural gas liquids (NGL) hub have reached their highest level in more than seven years amid tight global supply and strong demand, according to the latest government figures. The Energy Information Administration (EIA) said wholesale propane prices at Mont Belvieu, TX, increased to an average of $1.33/gal during…
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Energy Transfer Exploring LPG Export Project in Panama
U.S. midstream giant Energy Transfer LP is looking to expand to new markets with an initial deal to explore a potential liquefied petroleum gas (LPG) development in Panama. The Dallas-based company has signed a memorandum of understanding (MOU) with the Republic of Panama to jointly study the feasibility of the proposed Trans-Panama Gateway Pipeline development. …
July 15, 2021