Phase 2 of Enterprise’s Neches River ethane terminal appears to have entered service after an LPG vessel was observed departing the terminal with cargo bound for Mexico. The VLGC Albert (pictured below) entered the terminal for loading on April 12 and departed three days later, on April 15. Enterprise previously stated that “Phase 2 includes a second refrigeration train that will allow Enterprise to load up to 180 Mb/d of ethane, 360 Mb/d of propane, or a combination of the two.” The flexible refrigeration train was expected to begin service in the first half of 2026.
Featured Articles
Calling All NGLs – Permian’s Rising NGL Output Spurs Another Round of ‘Wellhead-to-Water’ Projects
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.
Iran Conflict Sends International Propane Market Soaring
Supply disruptions in the Persian Gulf have sent global propane prices soaring, sharply widening the spread between international and U.S. prices. That has created a major opening for U.S. exporters, but with spot terminal fees at record highs as key export hubs already running near capacity, upside is constrained by loading capacity.
Leave the Door Open – Propane Exports to Increase in 2026 as War With Iran Shifts Market Dynamics
There are three main factors affecting today’s propane market: export economics, dock space and storage levels. The Iran war has dramatically shifted export economics and filled dock space, yet storage remains at all-time highs. In today’s RBN blog, we look at what’s in store for the rest of 2026.