Monday, July 8, 2019

Keeping America Great -- EPD To Expand Export Capacity In The Channel -- July 8, 2019

From S&P Global, Platts:
  • EPD will expand its ability to export crude, LPG, and polymer grade propylene
  • will expand the Enterprise Hydrocarbon Terminal, Houston Ship Channel
  • to build an eighth dock at that facility
  • will accommodate a Suezmax tanker, the largest ship able to navigate the Ship Channel
  • will add 840,000 bopd; will bring capacity to 2.75 million bopd
  • expansions to load an incremental 1.3 million b/d of LPG, propylene, and LPG
  • in service by 4Q20
  • EPD estimates US crude oil exports to hit 8 million bopd by 2025
  • April, 2019: the US Gulf Coast exported 2.6 million bopd (EIA)
  • EPD expects the US LPG export market to double from 1.4 million BPD to 2.8 million BPD by 2025
  • April, 2019: Gulf Coast exported 1.3 million BPD of LPG; total US LPG exports, 1.7 million b/d
Much more at the link.

By the way, the eight-year court case between EPD and Energy Transfer is going to the Texas Supreme Court, link at SeekingAlpha (this link may break over time). Archived here.

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LNG Feedgas Demand Hits Record Highs

From twitter:


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US NG Injections At Record Pace 
Injections: exceeding five-year average by 41%

Posted earlier today by the EIA, from twitter:

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