Thursday, March 29, 2012
Read more in the NGL Market Monitor.
BENTEK reports that over the past three years, ethane production from natural gas processing plants in Alberta has increased 10%, from 174 Mb/d in 2009 to 192 Mb/d in January 2012. This revival has been partially the result of regional producers shifting focus to wet natural gas shale plays. Despite the rebound, ethane production from gas plants in Alberta will need to reach 300 Mb/d to meet the requirements of the regional petrochemical industry.
Short supplies of Alberta ethane are prompting petrochemical companies to seek other options to meet regional demand, such as importing ethane from the Williston Basin in North Dakota via Mistral Energy’s proposed Vantage Pipeline. However, if Alberta producers continue to shift resources to wet natural gas plays over the next few years, the need to import U.S. ethane may decrease.
BENTEK’s NGL Databank Suite now includes Alberta natural gas processing inlet and outlet flow volumes and individual plant-level NGL production broken down by purity product.
BENTEK’s NGL Databank Suite provides:
• Plant-specific data such as NGL production by product, including ethane, propane, butane, natural gasoline and y-grade, as well as inlet natural gas volumes, tailgate volumes, GPM and shrinkage
• Key U.S. commercial and operating parameters of each facility, including location, type of plant, owner, operator and capacity
• Details on future U.S. infrastructure such as owner, capacity, location and estimated in-service date for processing plants and fractionators
• In addition to Alberta, plant-specific data is also available for British Columbia and the states of Texas, Louisiana, Wyoming, North Dakota, Colorado, Utah, New Mexico, Alabama and Michigan
ALSO AVAILABLE FROM BENTEK:
BENTEK’s weekly NGL Market Monitor provides an extensive resource for NGL production, prices and infrastructure in the U.S. This report includes industry highlights, prices, purity product spreads and estimated petrochemical margins for the five major NGLs: ethane, propane, normal butane, isobutane and natural gasoline.
To learn more, please contact your BENTEK sales representative or call BENTEK Sales at 1-888-251-1264.