Calgary-based Gas Liquids Engineering Ltd. (GLE) has designed a natural gas liquids (NGL) extraction process that could require less energy and lower operating costs. GLE is touting the split absorber reflux (SABR) process, which extracts propane and ethane from natural gas. “In many cases, SABR can recover propane and ethane with lower energy use, and…
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Superior Plus, Charbone Proposing Green Hydrogen Project to Replace Propane in Quebec and Beyond
A Canadian market test of hydrogen as a substitute for propane is scheduled to start in late 2022 through a commercial trial in Quebec. Toronto-based Superior Plus Corp. said its mobile distribution arm, Superior Propane, would offer hydrogen produced by Montreal environmental energy pioneer Charbone Corp. to its 780,000 commercial and industrial clients. Superior and…

Mexico LPG Distributors Warn of Route Closures, Supply Shortages Due to Price Caps
Mexico’s private distributors of liquified petroleum gas (LPG) on Monday urged authorities to modify their approach to pricing and regulation in the sector amid rising global propane prices ahead of winter. Trade group Asociación Mexicana de Distribuidores de Gas Licuado de Petróleo y Empresas Conexas (Amexgas) said that LPG price caps imposed this summer by…

U.S. Propane Prices Hit Seven-Year High, Squeezing Mexico LPG Market
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…

U.S. Propane Prices Spike as Europe, Asia Compete for Tight Supplies
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…

Antero Warns of Winter Propane Shortages Without Adequate Stock Builds
Executives at Appalachian pure-play Antero Resources Corp., the nation’s second largest natural gas liquids (NGL) producer, are warning that without an adequate build in propane inventories through the fall, the world would be undersupplied this winter. “U.S. domestic propane buyers will need to outbid export markets this summer to build sufficient inventories for this upcoming…

Propane Prices Spike During Winter Heating Season, EIA Says
A surge in heating demand propelled U.S. propane prices during the 2020-21 winter season, according to a new federal report. Residential propane prices in the United States averaged about $2.30/gal at the close of March, up 43 cents from a year earlier, according to the U.S. Energy Information Administration (EIA). About two-thirds of the natural…

Canada’s Propane Exports Up 19% in 2020, with More Growth Said Likely
Propane exports from Canada to overseas markets jumped by 19% in 2020, with international sales poised to increase again this year, according to the Canada Energy Regulator (CER). A terminal location on the northern Pacific coast of British Columbia (BC) at Prince Rupert lived up to expectations of giving a competitive advantage to the Alberta-based…

EIA Reports Draw on U.S. Crude Stocks, but Petroleum Demand Also Down to Close Out 2020
U.S. crude oil stocks declined by 8 million bbl during the week ended Jan. 1, although demand for petroleum products also fell sharply for the period, according to updated statistics published Wednesday by the Energy Information Administration (EIA). EIA said in its latest Weekly Petroleum Status Report that domestic crude inventories, excluding the Strategic Petroleum…

AltaGas Expects Increased Propane Exports Thanks to Liquids-Rich Montney Formation
After a year of overseas sales growth, the pioneer of propane tanker loadings on the north Pacific coast of British Columbia (BC) has doubled the volume authorized for its international traffic in the natural gas byproduct. AltaGas Ltd. has obtained a second 25-year export license for 40,000 b/d from the Canada Energy Regulator (CER). The…