Enterprise Products Partners’ 50% expansion of its joint-venture ethylene export terminal in Morgan’s Point, Texas, along the Houston Ship Channel is on track to be completed by Q4 2024. Executives at Enterprise’s partner, Navigator Gas, said when the company released its Q4 2023 results this week that groundwork is progressing with the first phase of construction slated to conclude in 2024 to push the terminal’s nameplate capacity to 1.55 million mt/year from 1 million mt/year. Navigator says discussions are ongoing with current and new customers for multi-year offtake contracts, with the majority of the new capacity expected to be contracted during construction. The companies plan to expand the terminal by another 50% to more than 2 million mt/year by the end of 2025.
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- Analyst Insight
Enterprise's First U.S. Ethylene Export Capacity Expansion to Come Online in December 2024
Enterprise's 50% expansion of joint-venture U.S. ethylene export terminal to come online in December 2024
- Analyst Insight
Enterprise to Expand Houston Ship Channel LPG Export Capacity by 36%
Enterprise to expand Houston Ship Channel LPG terminal's export capacity by 36%
- Blog
Take a Look at Me Now - Growing LPG, Ethane Exports Propel Enterprise Toward Bold Expansion Goals
LPG and ethane exports out of the U.S. continue to grow rapidly and are expected to reach 3.4 MMb/d by 2030. They are also critical parts of a plan by Enterprise Products Partners to expand its total liquid hydrocarbon exports to 100 MMbbl per month (100 MMb/month), a roughly 50% increase from current levels for crude oil, LPG and ethane, refined products and petchems. In today’s RBN blog, we’ll take a closer look at Enterprise’s LPG and ethane exports and how much they need to grow to reach the company’s ambitious goal.
