Sunoco Logistics begins open season for Mariner East 2 NGL pipeline

04 December 2013 15:48  [Source: ICIS news]

HOUSTON (ICIS)--US energy infrastructure firm Sunoco Logistics on Wednesday began a binding open season for its Mariner East 2 natural gas liquids (NGL) pipeline project.

Mariner East 2, which is expected to be operational in early 2016, would ship NGL from processing facilities in the Marcellus and Utica shale areas in western Pennsylvania, West Virginia and eastern Ohio to Sunoco Logistics’ Marcus Hook industrial complex near Philadelphia, from where the NGL can be exported.

“We are bullish on the production growth from the Marcellus and Utica Shales,” said Sunoco Logistics’ CEO, Michael Hennigan.

“We are proceeding with the open season as we have received considerable market interest to develop this project to provide producers with several marketing options for their expanding production,” Hennigan said.

“We believe the market is long NGLs as the supply will continue to outpace demand,” he added.

“As a result, Mariner East 2 would provide the highest value option for producers in this region as an export solution on the East Coast,” Hennigan said.

Sunoco would continue to add storage and expand Marcus Hook into “a world class NGL facility” on the East Coast, the CEO said.

The company did not say when the open season will end.

By: Stefan Baumgarten
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index