Tag: Natural Gas Liquids

OPIS Index: Unveiling Clean Energy Costs

Natural Gas Liquids (NGLs) and Liquified Petroleum Gas (LPG) both shine as promising alternatives for cleaner energy fuels. However, determining the actual cost of carbon-neutral NGLs has not been a simple feat, until recently. The OPIS Carbon Offset NGL/LPG Index, a revolutionary tool from the Oil Price Information Service (OPIS), is tailored to increasing understanding… Continue reading OPIS Index: Unveiling Clean Energy Costs

Natural Gas Liquids (NGLs) and Liquified Petroleum Gas (LPG) both shine as promising alternatives for cleaner energy fuels. However, determining the actual cost of carbon-neutral NGLs has not been a simple feat, until recently.

The OPIS Carbon Offset NGL/LPG Index, a revolutionary tool from the Oil Price Information Service (OPIS), is tailored to increasing understanding surrounding renewable NGLs, making this index a game-changer.

This innovative index draws on OPIS Spot Gas Liquids price assessments and core carbon credits evaluations. What makes it stand out is its commitment to daily reporting, offering real-time data on the environmental impact of NGLs and LPG. By factoring in carbon credit assessments, the OPIS Index provides a comprehensive view of their carbon neutrality, thereby enabling investors to make informed decisions.

Who stands to benefit from this groundbreaking tool? Producers, distributors, and environmentally-conscious consumers alike. The OPIS Index empowers stakeholders to choose cleaner energy options, steering us toward a more sustainable energy future. Beyond that, it unravels the complexities of the market, offering a clearer understanding of the true environmental impact of NGLs and LPG.

Enterprise Products Partners Expands NGL Fractionation and Propane Dehydrogenation Capacity

Enterprise Products Partners has commenced operations at its latest natural gas liquids (NGL) fractionator and second propane dehydrogenation plant (PDH 2) in Chambers County, Texas. Meeting Growing Demand The newly launched fractionator contributes 150,000 barrels per day (bpd) of nameplate capacity. Backed by long-term customer agreements, this facility enhances Enterprise’s NGL fractionation capacity to 1.2… Continue reading Enterprise Products Partners Expands NGL Fractionation and Propane Dehydrogenation Capacity

Enterprise Products Partners has commenced operations at its latest natural gas liquids (NGL) fractionator and second propane dehydrogenation plant (PDH 2) in Chambers County, Texas.

Meeting Growing Demand

The newly launched fractionator contributes 150,000 barrels per day (bpd) of nameplate capacity. Backed by long-term customer agreements, this facility enhances Enterprise’s NGL fractionation capacity to 1.2 million bpd at the Chambers County complex. Enterprise’s total NGL fractionation capacity now stands at about 1.7 million bpd. This new fractionator is one of the significant projects worth $3.8 billion that have entered service in 2023.

A.J. “Jim” Teague, Co-CEO of Enterprise’s general partner, highlights the impetus behind this expansion: “The addition of our newest fractionator is being driven by growing domestic NGL production in the Permian Basin as new natural gas processing plants are brought online. We recently began service at our sixth gas processing plant in the Midland Basin, with three other Permian Basin gas plants expected to come online by the end of the first quarter of 2024. On the demand side, the additional volumes will provide much-needed feedstocks for the petrochemical and refining industries and products such as cleaner-burning, reliable propane for export to developing nations globally.”

Enhancing Propylene Production

Operated by long-term, fee-based contracts, PDH 2 can consume 35,000 bpd of propane, generating 1.65 billion pounds of polymer-grade propylene (PGP) annually. Combined with Enterprise’s existing PDH 1 plant, the company’s capability increases to consume 70,000 bpd of propane and produce 3.3 billion pounds of PGP yearly at the Chambers County facility. Enterprise’s total propylene production capacity now reaches 11 billion pounds per annum.

Teague emphasizes the significance of propylene as a foundational component for producing durable goods: “Propylene is the basic building block used to produce virtually all durable products and, as one of the main pillars of modern civilization, is essential to human survival and improved quality of life. PDH 2 will provide abundant and cost-advantaged shale-based, on-purpose production to supply our petrochemical customers with the feedstock to produce products that meet the needs of a growing global population. Our newest PDH plant is among $3.8 billion of major growth projects that we announced would begin service and generate new sources of cash flow by the end of 2023.”

Enterprise Products Partners continues contributing to the energy infrastructure landscape, meeting evolving industry demands and positioning itself as a pivotal player in propylene production and NGL fractionation.