More LPG Export Capacity -- Houston

Oil & Gas Journal is reporting: increased LPG capacity -- Houston Ship Channel

Data points:

• EPP has started ops at its HSC LPG export terminal
• low-ethane propane, butane, isobutene
• from 4 million bbl/month to 7.5 million bbl/month by 2016
• additional docks for more expansion
• EPP looking at possibility of 10 million bbl/month as early as 2015
• sourced from EPP's Mont Belvieu complex as well as other national pipelines
• EPP is building two new NGL fractionators at Mont Belvieu
• the expansion of the Panama Canal, scheduled to begin ops in 2Q15, as complementary to its expanded LPG export dock; improving access to Asian customers
• Targa Resources, the Vitol Group, and COP are all involved in separate expansions also along the US Gulf Cost NGL export capacity