According to data from the NGL Voyager Report, propane exports reached an all-time high of 2.1 MMb/d in May. The increase was largely due to more volume exported out of Enterprise’s Neches River flex terminal.
U.S. propane inventories continued to build in late May, rising 2.1 MMbbl to 83.3 MMbbl and remaining well above historical levels. Meanwhile, propane exports fell sharply from the prior week to 1.65 MMb/d, though volumes remained higher than the same week last year.
The rapid buildout of Permian gas processing plants and other NGL-related infrastructure in Texas and southeastern New Mexico isn’t just continuing, it’s accelerating. In today’s RBN blog, we discuss the latest project announcements and why gas and NGL production in the Permian are still rising.
U.S. LNG feedgas is climbing again as the maintenance season winds down. Cameron and Freeport appear to be bringing their respective offline trains back online.
Commissioning activity at Golden Pass and Corpus Christi Stage III continues to progress and U.S. LNG feedgas demand averaged 17.8 Bcf/d last week, up about 0.4 Bcf/d week-on-week.
The U.S. propane market typically follows predictable trends. With much of domestic demand occurring in the colder months, storage builds in the summer and is withdrawn in the winter. But since mid-April, storage levels have increased by only 1.2 MMbbl. Today, we explore what is going on and why.
PADD 3 propane inventories posted a rare 1.2-MMbbl draw as U.S. propane exports surged to a record 2.63 MMb/d. Growing utilization of Gulf Coast flex terminals continues to support strong propane exports and tighter regional balances.
On Monday May 25 Pembina Pipeline Corporation announced it is proceeding with the Heartland Extraction Plant, an upsized and renamed evolution of the Yellowhead Extraction Plant first proposed in early 2025.
PADD 5 butane imports from Canada are on the rise, having doubled over the past few years. Looking at imports by company reveals what's happening and in this RBN Analyst Insight, argue why this trend is likely to continue.
U.S. propane inventories remain historically elevated, but this week’s EIA report showed a much smaller-than-expected storage build heading into summer. At the same time, propane exports softened while production stayed near April’s record highs, continuing to support ample domestic supply availability. Read this week’s Propane Billboard for the latest inventory, export and pricing trends.
Commonwealth LNG has reached a final investment decision (FID) on its 9.5 MMtpa export terminal (1.3 Bcf/d) near Cameron Parish, Louisiana.
