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EPP expects record propane exports in 2012

Enterprise Products Partners LP, Houston, said it expects record propane exports this year from its terminal on the Houston Ship Channel. For April, the company exported a record 3.9 million bbl.

EPP is expanding its NGL refrigeration terminal to increase propane export capacity by as much as 3.5 million bbl/month. This will bring total export capacity of the NGL refrigeration terminal to 7.5 million bbl/month of propane.

The company said the expansion is ahead of schedule and it expects it to be completed in this year’s fourth quarter.

In addition and in response to current increased demand for propane from international markets, Enterprise has also begun debottlenecking the terminal further to increase propane export capacity by up to a 100,000 bbl/month. This modification will be completed by June 30.

EPP, said Executive Vice-Pres. and Chief Operating Officer A.J. Teague, continues to see “very strong demand for propane exports” and has sold out baseload space for 2012 and 2013, “with some contracts extending through 2017.”


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