29 March 2011 17:00 [Source: ICIS news]
TORONTO (ICIS)--Enterprise Products plans to expand its natural gas liquids (NGLs) import/export terminal on the Houston Ship Channel, the ?xml:namespace>
The expansion project would nearly double the fully refrigerated export loading capacity for propane and other NGLs at the terminal to more than 10,000 bbl/hour after completion in the second half of 2012,
It would also improve the terminal’s ability to load multiple vessels simultaneously,
Enterprise CEO Michael Creel said the expansion comes as the company is seeing record demand for its NGL export services, driven by increased global demand for NGLs in substitution of more expensive crude oil derivatives.
The company also has NGL storage capacity of 100m barrels at Mont Belvieu.
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