Enterprise Products Partners L.P. announced that it is moving forward with a key expansion project along the Houston Ship Channel in response to continued strong customer demand for natural gas liquids export capacity.
According to the company’s release, the Enterprise Hydrocarbons Terminal (“EHT”) is adding refrigeration capacity that will increase propane and butane export capabilities by approximately 300,000 barrels per day.
In addition to providing incremental capacity for Liquefied Petroleum Gas (“LPG”), the expansion will increase instantaneous loading rates for propane and butane while making additional capacity available for propylene exports. The expanded service is expected to begin by the end of 2026.
The need for increased LPG capacity at EHT is driven by Enterprise’s success in contracting the company’s flexible product capacity at its Neches River Terminal (“NRT”) being developed in Orange County, Texas, adjacent to the company’s Beaumont East refined products terminal.
Phase 1 of the NRT buildout includes the addition of a new loading dock, an ethane refrigeration train with a nameplate capacity of 120,000 BPD, and a 900,000-barrel refrigerated tank that will accommodate loading rates up to 45,000 barrels per hour. Phase 1 is expected to begin service in the second half of 2025.
Phase 2 includes a second refrigeration train allowing Enterprise to load up to 180,000 BPD of ethane, 360,000 BPD of propane, or a combination of the two. The second phase is expected to begin service in the first half of 2026.
The EHT and NRT projects’ growth capital is within the company’s existing forecasted growth capital expenditure ranges for 2024-2026.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products, and petrochemicals.
Services include natural gas gathering, treating, processing, transportation, and storage; NGL transportation, fractionation, storage, and marine terminals; crude oil gathering, transportation, storage, and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and marine transportation business that operates on key U.S. inland and intracoastal waterway systems.
The partnership’s assets include more than 50,000 miles of pipelines; over 300 million barrels of storage capacity for NGLs, crude oil, refined products, and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.
Source: Port News