Enterprise Products Partners LP signed another long-term contract to export ethane from its terminal under construction at Morgan’s Point, TX. With the additional volumes, the 200,000 b/d terminal is about 90% contracted. “This agreement is a clear indication of the continued interest for U.S. ethane as a low cost feedstock by the global petrochemical industry,” said Jim Teague, COO of the general partner. “We are in negotiations with other customers and expect the remaining capacity to be sold out when the facility begins service.” The terminal is expected to enter service in 3Q2016 and would be able to load fully refrigerated ethane at up to 10,000 bbl per hour. Supply would be sourced from Enterprise facilities at Mont Belvieu, TX, and delivered by a 24-inch diameter pipeline under construction (see Daily GPI,Oct. 30).
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NGI The Weekly Gas Market Report
Downeast LNG Export Project Down — And Out?
Downeast Liquefaction LLC has asked FERC to pause proceedings for its proposed liquefied natural gas (LNG) export project in Maine while backers rethink their plans in light of “current market conditions.”
G2 Says Louisiana LNG Terminal Could Be Online in 2020.
Executives with G2 LNG LLC officially announced their proposed $11 billion liquefied natural gas (LNG) export project on the Calcasieu River Ship Channel in Cameron Parish, LA, at a ceremony on Monday.
Icahn Takes Cheniere Stake, Wants A Word With CEO Souki
Entities controlled by activist investor Carl Icahn have taken an 8.2% stake in first-moving, yet so far profitless liquefied natural gas (LNG) terminal developer Cheniere Energy Inc.
FERC Issues DEIS For Magnolia LNG Terminal in Louisiana
FERC staff Friday issued a favorable draft environmental impact statement (DEIS) for the Magnolia LNG LLC liquefaction and export terminal proposed for Lake Charles, LA, as well as modifications to an existing natural gas pipeline that would serve the terminal.
A New Louisiana LNG Project Is Announced as Another Is Delayed
A former executive of BG Group plc on Tuesday said his recently formed company will pursue a liquefied natural gas (LNG) export project in Louisiana, one day after UK-based BG Group said it was delaying a decision on the Louisiana LNG project it is pursuing with Energy Transfer Partners LP.
Pacific NorthWest LNG Strikes Tax Agreement
Pacific NorthWest LNG signaled Monday that its deferred liquefied natural gas (LNG) terminal proposal is still alive by signing a tax agreement for its site on the northern coast of British Columbia (BC).
Petronas Hits Pause Button on BC LNG Export Project
The leading contender to build Canada’s first liquefied natural gas (LNG) export terminal on the Pacific Coast of British Columbia (BC) stepped aside Wednesday, saying “challenging” markets prevent making a big commitment.
Pemex Considering LNG Export Project on Pacific Coast
Mexican state-owned Petroleos Mexicanos (Pemex) plans to develop a natural gas liquefaction and export terminal on the country’s Pacific Coast.
India’s Reliance Contracts for U.S. Ethane
India’s Reliance Industries has agreed to procure 1.5 million metric tons per year of ethane from the United States to produce ethylene at a new cracker in India, according to press reports.
