Enterprise Products Partners L.P. announced plans for an incremental 150,000 barrels per day (“BPD”) expansion to its natural gas liquids (“NGL”) fractionation facilities at its Mont Belvieu complex. The expansion would increase Enterprise’s NGL fractionation capacity to 1 million BPD in the Mont Belvieu area, and approximately 1.5 million BPD companywide, once service begins. This new NGL fractionator is expected to be completed in the second quarter of 2020. Enterprise previously announced plans for a 150,000 NGL fractionator that is under construction and is scheduled to be completed in the first quarter of 2020. The projects are supported by long-term, fee-based contracts.
“The demand for NGL fractionation capacity continues to expand as producers in domestic shale plays like the Permian Basin, the Eagle Ford and DJ Basin seek market access and end users require supply assurance,” said A.J. “Jim” Teague, chief executive officer of Enterprise’s general partner. “The upstream players in this country have transformed the U.S. into the world’s dominant energy producer, and Enterprise is proud to be contributing to this achievement. With the completion of our new fractionators, Enterprise will have essentially doubled its fractionation capacity in response to the shale revolution of the past decade.”
Teague added that the new fractionation units will supply NGL products for the expanding petrochemical industry on the U.S. Gulf Coast as well as growing global demand for U.S. NGLs.
