On Thursday, Enterprise Products Partners L.P. said that it has successfully loaded combined cargoes of natural gas liquids (NGL) and olefins for export, the first of their kind in the industry.
This month, the company has so far completed the simultaneous loading of propane and polymer grade propylene into separate compartments on a very large gas carrier (VLGC) at the Enterprise Houston Ship Channel terminal.
It also commenced the simultaneous loading of ethane and ethylene on a vessel at its Morgan’s Point facility.
Both vessels were the first export cargoes of such kind from the US to simultaneously load olefins and NGL. The method enables more efficient use of available export dock capacity, and at the same time providing significant freight benefits to petrochemical export customers.
A.J. Teague, co-CEO of Enterprise’s general partner commented, “Loading ethylene and propylene on larger vessels from the US Gulf Coast significantly lower the freight costs and allow US Gulf Coast producers to supply distant markets, such as Asia, more competitively.”
