The MV JS INEOS Intrepid, loaded with approximately 265,000 bbl of ethane, set sail from Morgan's Point on the Houston Ship Channel en route to Rafnes, Norway. The new terminal has a loading capacity of 10,000 bbl/hour. (Source: INEOS)
HOUSTON (ICIS)--US Enterprise Products and Switzerland-based INEOS announced on Thursday the first cargo of ethane from Enterprise's new Morgan's Point terminal in the Houston Ship Channel has been loaded.
The MV JS INEOS Intrepid, loaded with approximately 265,000 bbl of ethane, set sail from the ethane export facility en route to the INEOS facility at Rafnes in Norway. The new terminal has a loading capacity of 10,000 bbl/hour.
"This is another significant development for INEOS Olefins & Polymers as it secures additional ethane from the US. It complements our needs for competitive raw materials for our European cracker complexes," said CEO of INEOS Trading and Shipping David Thompson.
Supply for the terminal is sourced from Enterprise’s natural gas liquids fractionation and storage complex in Mont Belvieu, Texas, and transported through a recently completed 18-mile (29km), 24-inch (60cm) diameter pipeline. The Mont Belvieu complex is connected to ethane production from the Marcellus and Utica Shale regions through the Appalachia-to-Texas Express (ATEX) pipeline.