Energy Transfer expands Nederland terminal with new ethane and LPG capacity

Corporate Action
โดย Simply Wall St·Read original
Summary · why it matters

Energy Transfer announced a major expansion of its Nederland NGL Export Terminal, targeting completion by 2029. The project adds 240,000 barrels per day of ethane export capacity and 55,000 barrels per day of LPG capacity, along with new ship docks and expanded storage. The expansion is backed by long-term customer commitments extending into the 2040s and is expected to push NGL export capacity to industry-leading levels.

Impact on stocks 2

Energy Transition & Power Demand · 1 stocks
Energy Transfer LP
ET
▲ PositiveDemandrelevance

Long-term customer commitments for new ethane and LPG capacity indicate strong end-customer demand for Energy Transfer's services.

Energy · 1 stocks
Energy Transfer Partners L.P
ETP
▲ PositiveDemandrelevance

Long-term customer commitments for new ethane and LPG capacity indicate strong end-customer demand for Energy Transfer's services.