Enterprise Products Partners LP is expanding the loading capacity at its Enterprise Hydrocarbon Terminal by 175,000 barrels per day, bringing the terminal's total liquefied petroleum gas export capacity to 720,000 bbl/d.
Enterprise announced in a Sept. 10 news release that construction is underway on the expansion. Once completed, the project will give the terminal the capacity to load as many as six very large gas carrier, or VLGC, vessels simultaneously while maintaining the ability to shift between propane and butane loadings. The terminal will also be able to load a single VLGC in less than 24 hours.
The partnership said the incremental capacity is expected to be available in the second half of 2019.
"Domestic production of hydrocarbons continues to exceed expectations and U.S. demand. U.S. LPG production currently exceeds U.S. demand by over one million barrels per day and domestic export terminals are approaching full utilization," said Jim Teague, CEO of Enterprise's general partner. "We estimate that U.S. LPG production could increase by up to an additional 1.5 million barrels per day by 2025. Without access to international markets, excess LPG supplies would lead to a curtailment in U.S. crude oil and natural gas production growth. Marine terminal expansions like ours will be essential to balancing the market and meeting growing global demand for U.S. hydrocarbons."