Oct 2 Enterprise Products Partners said
it would build a liquefied petroleum gas (LPG) export terminal
on the U.S. Gulf Coast to cater to increased demand for propane
and butane from international customers.
The terminal, which will handle up to very large gas
carriers, is expected to become operational by the fourth
quarter of 2015, the distribution and pipeline company said in a
Enterprise Products said the new terminal is expected to
have an initial capacity to load 6.0-6.5 million barrels of
propane or butane per month.
U.S. propane production from shale gas surged last year, but
a lack of export infrastructure kept most of the output in the
domestic market, pushing U.S. prices well below international
U.S. exports of LPG have surged this year as companies start
setting up export infrastructure.
Propane exports from the United States are set to double by
the end of the year and match those of Saudi Arabia, the third
largest LPG exporter after Qatar and the United Arab Emirates.
Enterprise Products said last week that it would expand its
LPG export terminal in the Houston Ship Channel.
The company said its LPG marine terminals would have total
capacity to load 15-16 million barrels of low-ethane propane or
butane per month after the Houston Channel expansion and the new
terminal are complete.