Enterprise Products plans second LPG export terminal on US Gulf

02 October 2013 15:17 Source:ICIS News

HOUSTON (ICIS)--US-based Enterprise Products Partners plans to build a second liquefied petroleum gas (LPG) terminal on the US Gulf Coast, the midstream energy firm said on Wednesday.

The terminal will be built either in Louisiana or Texas. It is expected to be in service in the fourth quarter of 2015 and will have the capability of handling very large gas carriers (VLGC) class ships, Enterprise said.

The terminal’s initial loading rate for export-grade propane or butane service is expected to be about 11,000 bbl/hour, or about 6m to 6.5m bbl/month.

Enterprise may also export ethane from the new facility, it added.

“The development of the new terminal was driven by continued demand from our international customers for additional supply of propane and butane,” said Enterprise CEO Michael Creel.

“Just as with our other LPG export projects, we expect that the terminal will be operating at or near its capacity upon start-up,” Creel said.

“In addition to the strong demand for our LPG export services, we are also seeing interest in ethane exports,” he said.

The new LPG marine terminal will be designed with the flexibility “to expeditiously add the necessary facilities” to provide ethane export services as that market develops, Creel said.

By Stefan Baumgarten