Lpg

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…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. For most Mexicans, the word “gas” is not associated with natural gas, but with liquefied petroleum gas (LPG), a fuel used in…

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. …

Plans for Mexico’s state oil company Petróleos Mexicanos (Pemex) to enter the retail liquefied petroleum gas (LPG) business bode poorly for competition, consumers and the company itself, according to local energy sector stakeholders. President Andrés Manuel López Obrador announced last week that Pemex would launch a subsidiary called “Gas Bienestar” or “Gas Wellbeing” within three…

Construction is underway to increase loading capacity for liquefied petroleum gas (LPG), primarily propane and butane, at the Enterprise Hydrocarbon Terminal (EHT) on the Houston Ship Channel by 175,000 b/d, or 5 million bbl per month.