Enterprise Products Partners, Anadarko Petroleum and Enbridge Energy Partners announced their plans to build a new natural gas liquids pipeline connecting the Texas Panhandle to propane central, Mont Belvieu, according to a recent FuelFix.com report. Because NGLs like propane can’t be transported through the same pipelines as natural gas, they need their own system. As […]
It’s been awhile since we’ve heard any news from Mont Belvieu, Texas, home of the country’s biggest propane hub and storage facility. Since the town consistently defines pricing and trends for propane nationwide, we checked in! Here’s the skinny: Late last month, Enterprise Products Partners LP began construction of a new NGL fractionation facility in […]
Enterprise Products Partners L.P. announced its plan to expand its operation in propane’s powerhouse town Mont Belvieu, Texas, with a new fractionation facility. Slated to be ready for operation in 2013, administrators expect the new facility will enable Enterprise to fractionate over 450,000 barrels per day at its Mont Belvieu complex alone. “The additional capacity […]
DCP Midstream, the largest natural gas liquids producer and one of the largest propane marketers in the country, announced it has acquired the Seaway Products Pipeline Company and plans to expand transportation capacity between America’s two biggest propane hubs, Mont Belvieu, Texas, and Conway, Kansas. By extending the newly renamed Southern Hills Pipeline by 130 […]
A piece of the machinery that gets natural gas liquids from the Permian Basin to the processing facilities at the propane hub of Mont Belvieu has changed hands in an $85 million deal. Houston’s Buckeye Partners sold its 20-percent stake in the West Texas LPG Pipeline to Atlas Pipeline Partners, Buckeye announced yesterday. The pipeline […]
Propane has been acting funny. Though the heating season is winding down, spot prices at the major Mont Belvieu hub exploded yesterday. We’re still trying to figure out what motivated Monday’s market mayhem — a midstream provider declaring force majeure on its contracts? lingering supply concerns after a storage facility fire? a colonel in Libya? […]
Retail propane prices have gone up for the fourteenth week in a row, according to the numbers the Energy Information Administration (EIA) released this afternoon. The price of a gallon climbed two cents last week, to hit a new record high for residential propane. Increases were consistent in the Midwest, the East Coast and the […]