TorcUP

U.S. NGL production projected to jump in 2018, 2019

Hydrocarbon gas liquids (HGL) production at natural gas processing plants will increase from 3.7 million barrels per day (MMBPD) in 2017, to 4.3 MMBPD in 2018, and to 4.8 MMBPD in 2019, the Energy Information Administration states in the just-released Short-Term Energy Outlook.

HGLs produced at natural gas plants, including ethane, butane, propane, and natural gasoline, are expected to increase along with growth in natural gas production and natural gas processing plant capacity, Kallanish Energy learns.

However, EIA expects more than half of the 1.0 MMBPD increase in HGL production between 2017 and 2019 will stem from increased ethane production, as planned increases in demand for petrochemical plant feedstock in the U.S. and abroad lead to higher ethane recovery rates.

[Read More …]

Be Sociable, Share!
  • vuible
  • more
Northeast Supply Enhancement