Houston-based Enterprise Products Partners said Monday it will expand its facilities at the Houston ship channel to increase its ability to export crude oil, liquefied petroleum gas and polymer grade propylene. The new projects will increase LPG loading capacity by an additional 260,000 b/d by 2020Q3 and give Enterprise nameplate capacity to load up to 1.1 million b/d of LPG or about 33 million barrels per month.
Enterprise is adding refrigeration facilities to enable it to load up to an additional 67,200 b/d or about 2 million barrels per monthh of polymer grade propylene. And Enterprise is building an eighth dock at its Houston ship channel terminal with the capacility to load about 840,000 b/d of crude oil. That will increase Enterprise’s nameplate export capacity for crude oil at the Houston ship channel to 2.75 million b/d or about 83 million barrels per month.
A.J. (Jim) Teague, CEO, said, “Our integrated midstream system, including our Houston ship channel terminal, is providing Texas products with access to the highest value markets, including international markets.”
Enterprise added, “Enterprise estimates that by 2025 exports of U.S. crude oil will increase from 3 million b/d to 8 million b/d and the domestic LPG export market will double from 1.4 million b/d to 2.8 million b/d. Much of this growth is being driven by increasing production from the Permian Basin.”