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Monday, August 6, 2012

Regular Readers Already Know This: Shale Results in Increased Ethylene Exports

RBN Energy deserves a huge "thank you" for all they did to educate readers about ethylene, natural gas liquids, etc.

Here's a link to a story in the Oil and Gas Journal:
A natural gas liquids boom stemming from development of US shale plays will spur investments in export-related petrochemical plans targeting Latin American market, Energy Security Analysis Inc. (ESAI) said in a recent report.

With US demand for ethylene derivatives growing modestly, expanding petrochemical capacity will be export-oriented. ESAI expects the US surplus of ethylene derivatives to expand to over 4 million tonnes/year by 2016, a 40% increase from 2011.

In response to increased liquids production from Marcellus and Utica shales in Pennsylvania and Ohio, Royal Dutch Shell selected a site near Pittsburgh for the potential construction of a petrochemical complex.
The Bakken was not mentioned, but the Bakken is also contributing.

2 comments:

  1. . . . . . The Bakken was not mentioned, but the Bakken is also contributing. . . .

    Do you suppose that it because the Bakken is so far away from the primarily Gulf Coast refineries that will convert the Bakken crude and NG to exportable product. In fact won't Bakken get mixed in with Eagle Ford and its identity lost.

    I suppose Marcellus and Utica will get mixed together also, but are more in mind because they are closer to the ports that will export their finished product.

    ReplyDelete
    Replies
    1. I understand what you are saying but in stories like these, the folks know where the oil is coming from. It was just an observation; nothing more than that. But, yes, you are correct. Once refined, the origins of the crude will not be known.

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