Enterprise Products Partners has broken ground on a new natural gas liquids (NGL) fractionator near its Mont Belvieu, Texas complex.
Image: An oil refinery. Photo: courtesy of James Knight/Freeimages.co.
The new unit will have a nameplate capacity of 150,000 barrels per day (“BPD”), giving Enterprise 905,000 BPD of fractionation capability in the Mont Belvieu area, and approximately 1.4 million BPD companywide.
The fractionator is scheduled to begin service in the first quarter of 2020.
Enterprise’s general partner CEO A.J. “Jim” Teague said: “The addition of our newest fractionator will facilitate continued NGL production growth, including from the Permian Basin where NGL volumes are expected to more than double over the next four years.
“This new fractionator will supply NGL products for the expanding petrochemical industry on the U.S. Gulf Coast as well as growing global demand for NGLs.”
Teague added that the Permian Basin and the Eagle Ford account for approximately 70 percent of the domestic growth in NGLs. The new fractionator is supported by long-term customer agreements.
Source: Company Press Release