06 September 2011 14:47 [Source: ICIS news]
TORONTO (ICIS)--NOVA Chemicals has agreed three ethane sourcing deals to support a project to revamp its cracker in ?xml:namespace>
NOVA said it has signed a transportation service agreement with Sunoco Pipeline to ship ethane feedstock from the US Marcellus shale gas region to
In addition, NOVA has signed “definitive agreements” for long-term ethane supply from the Marcellus region with Caiman Energy, and Range Resources, it said.
“The capital project enabling our Corunna cracker to utilise up to 100% NGLs is on target, and we anticipate seeing all three project initiatives – safe, reliable pipeline transportation, ethane supply and facility upgrades – come together before the end of 2013,” said CEO Randy Woelfel.
In addition, NOVA continues to work with other producers in the Marcellus region, including Statoil, to secure additional ethane feedstock for the Corunna cracker, Woelfel said.
The revamp of the Corunna cracker will position NOVA’s
The Corunna site processes crude oil, condensate and NGLs.
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