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The ability to load and begin transporting ethane could relieve congestion at ports along the U.S. Gulf coast, where vessels have been stalled. Since May 23, ...
Under the change, Enterprise Products Partners LP and Energy Transfer LP are being allowed to load that gas, known as ethane, onto tankers and transport it to Chinese ports.
If China ethane inventory outlasts US ethane storage capacity, I think the US will have to blink first or face shutting down wells that produce NGLs. This "release but don't unload" order, ...
Energy Transfer (NYSE:ET) disclosed Wednesday it received a letter from the U.S. Commerce Department requiring a license to export ethane to China, and that it will file for an emergency ...
The U.S. sent letters to Enterprise Products and Energy Transfer on Wednesday informing the companies they could load ethane on vessels destined for China but could not unload the ethane in China ...
About half of all U.S. ethane exports go to China, where it is used by the petrochemical industry. The U.S. Department of Commerce also did not immediately respond to requests for comment.
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