Enterprise Products Partners said Thursday that it expects record propane exports in 2012, with exports of propane from its Houston Ship Channel terminal at a record 3.9 million bbl in April 2012.
In response to the current increased demand for propane from international markets, Enterprise has started a debottlenecking project on its existing export facility to increase propane export capacity by up to an additional 100,000 bbl per month.
This modification is expected to be completed by June 30, 2012.
The debottlenecking project is part of a broader expansion of the NGL refrigeration export facility, which will increase its propane export capacity by up to 3.5 million bbl per month, the company said.
This will bring the total capacity of the NGL refrigeration export facility to 7.5 million bbl of propane per month.
This expansion is ahead of schedule and is expected to be completed in the fourth quarter of 2012, according to the company.
We continue to see very strong demand for propane exports and have sold out our baseload space for 2012 and 2013, with some contracts extending through 2017, said A.J. Jim Teague, executive vice president and chief operating officer of Enterprises general partner.
To meet customer demand, we are committed to finding creative solutions allowing us to load every barrel and utilize every minute available at our dock facilities.