The first ethane shipment out of Enterprise Products Partners' (EPP) new export terminal in Morgan's Point, TX recently set sail for Norway. In mid-September, the JS INEOS Intrepid was docked at the terminal to take on its ethane cargo. The terminal, located on the Houston Ship Channel, is the second to open in the United States, and has an export capacity of up to 200,000 bpd of liquefied ethane, of which about 90% is contracted. The United States' first ethane export terminal at Marcus Hook, PA has been shipping ethane cargoes since March.
Recent rapid growth in natural gas production from resources rich in natural gas plant liquids (NGPLs) has yielded higher quantities of ethane than the U.S. market can absorb, leading to growing amounts left in the processed gas stream. Increased ethane exports could slow or reverse this trend.
Natural gas produced in the Marcellus and Utica formations, located primarily in Pennsylvania and Ohio, respectively...