A two-week FREE subscription to OPIS LP Gas email alerts. These email alerts steer you through pipeline problems, supply/demand imbalances, refinery turnarounds, outages and other key happenings that affect natural gas liquids and co-product prices. A two-week FREE subscription to the OPIS Propane Ticker. Use this tool as a market indicator of price movement during the trading day allowing you to make better purchasing and sales decisions. A FREE two-week subscription to the OPIS NGL Forwards Report. Get daily forward pricing and exclusive supply news for propane, ethane, normal butane, isobutane and natural gasoline. This course is perfect for new employees or professionals who need to get up-to-speed quickly on the natural gas liquids industry. Throughput at Norway's Mongstad Refinery Eases 0. Throughput at Norway's 240,000-b/d Mongstad refinery near Bergen softened in 2013 by 0.8% year on year amid a slight decrease in distillation capacity, resulting in a higher utilization rate as plant reliability improved, recent data by owner Statoil indicates. The facility processed 11.8 million mt of crude oil, condensates, NGLs, feed- and blendstock, about 100,000 mt less than in the prior year, the group said in its annual report. Nominal crude oil and condensate distillation capacity fell to 9.3 million mt/year from 9.4 million mt/year in 2012, excluding fuel oil and NGL quantities bypassing the unit. Stream-day utilization for all processing units improved to 95% on average, from 92.7% in the preceding year and 89.9% in 2011. The on-stream factor, excluding turnarounds, reached 98.9%, the highest in the past three years. In January, Statoil took full control of Mongstad, having bought Shell's 21% share as part of a swap involving the sale of its 10% share in the Dutch 404,000-b/d Pernis refinery. It is examining the feasibility of an upgrade, with a focus on the crude feed slate and diesel output (see OPIS alerts from Sept. 4, 2013 and Jan. 28, 2014). The 1975-built Mongstad plant is linked with offshore fields, the Sture crude oil terminal and the Kollsnes gas processing plant. Besides refining capabilities, the site includes a crude oil terminal that receives a large proportion of tons via two pipelines from the Troll field, and an NGL process unit and terminal (Vestprosess), with Statoil owning 65% and 34%, respectively. The Vestprosess NGL fractionation unit produces naphtha, propane and butane. At Statoil's solely owned 118,000-b/d Kalundborg refinery in Denmark, throughput volumes firmed last year around 100,000 mt on year to 5.0 million mt amid steady distillation capacity of 5.4 million mt/year. However, utilization of the plant, which mainly produces low-sulfur gasoline and diesel for Danish and Swedish outlets, was 2.4 percentage points lower at 86.5% on average, while the on-stream factor rose 3.8 points to 98.2%. Processing volumes at the 81.7% Statoil-owned methanol plant at Tjeldbergodden in western Norway fell 2.5% to 790,000 mt, with an unchanged capacity of 950,000 mt/year and a 0.9 point decrease in average utilization to 96.6%. Ethane demand is set to rise in the coming months as U.S. ethylene production capacity increases by about 2 billion pounds annually. But ethane prices still reflect little concern about the additional demand. All told, the increases in ethylene production could add just over 100,000 b/d of new ethane consumption, according to EnVantage principal Peter Fasullo. That would bring estimated U.S. ethane cracking demand to around 1.2 million b/d. The concern, though, is whether ethane supply is keeping up. Fasullo points to December inventory data from the Energy Information Administration, which showed inventories of ethane at PADD3 bulk terminals of 16.3 million barrels, the lowest since the February of 2012. The EIA also showed that total ethane production that month ran about 995,000 b/d. With ethane rejection still running somewhere between 200,000 and 300,000 b/d, Fasullo says it's unlikely that ethane extraction has improved since December, nor has the million barrels-plus of ethane cracking appeared to have eased much. "There is no way we extracted more ethane, and there are likely continuing draws on inventories into March," Fasullo said. The upshot is that moribund ethane prices may have to rise in order to get gas plants back to full ethane extraction, Fasullo says. "The petrochemical plants are going to have to pay a price to turn back on those rejected ethane volumes," Fasullo said. The draws on ethane inventories come ahead of upcoming projects which will boost ethane demand. Equistar' LaPorte, Texas, ethylene plant is scheduled to undergo an approximately 60-day turnaround beginning this April. During that time, the plant's ethylene capacity will be expanded by 800 million pounds per year from 1.7 billion to 2.5 billion pounds per year, according to spokesman David Harpole. Westlake Chemical has also scheduled a turnaround at its Calvert City, Ky., ethylene plant which will begin in April. During that time, Westlake is set to switch feedstock from propane to ethane, as well as boost production from 450 million pounds per year to 630 million pounds per year. BASF is in the process of commissioning a 10th furnace at its Port Arthur plant, according to spokeswoman Carole Smargon. The new furnace is expected to be on line by the end of March. Capable of cracking ethane and heavier feeds, the new furnace could add as much as 400 million pounds of ethylene production to the plant if full ethane feed is utilized. The plant produces about 2.06 billion pounds of ethylene annually. Williams said that its Geismar, La., olefins plant should be up by June 2014 due to delays in getting electricity and steam back to the plant. Williams is concurrently expanding the plant's ethylene cracking capacity to 1.95 billion pounds per year, up from 1.35 billion pounds. One caveat, though, is when the new plants will be at full capacity and if they will be fully cracking ethane. In the short-term at least, ethane demand is set to weaken during April and May as at least 10 North American ethylene plants go on turnaround, so ethane inventories will get a chance to recover. The bulk terminal inventory data likely also does not reflect inventory at the private storage of a petrochemical plant, Fasullo says. That supply could always get unleashed in the market if prices make much of a move. At least one feedstock buyer for a Gulf Coast petrochemical producer shrugs off concerns about a tighter market. From a price standpoint, spot ethane continues to trade at nearly a rejection level, suggesting that producers have little ability to reject more ethane. The forward price curves also show spot ethane continuing to remain weak well through 2014. Moreover, the approach of warmer weather will mean less freeze-offs at the gas plant and likely higher recovery of y-grade, which means ethane extraction could move higher. "I have had no problem finding all (the ethane) I want at current prices," the buyer said. "From a trading perspective, prices show that winter is over and apparently there's lots of supply available. Magnum Energy is set to complete next month two caverns expected to store butane and propane in Delta, Utah, and anticipates two more in 2015. Brady Flamm, director of business development for Magnum Energy, said 1.8 million bbl of total storage capacity is scheduled to open April 1. The butane cavern is called to have 1.3 million bbl of capacity and the propane facility 500,000 bbl. Flamm said the two underground wells are "fully contracted. He said Magnum expects construction of two additional caverns that will be ready for products on April 1, 2015. The capacity and product type will depend on market demand, Flamm said. The cost range for this year's project was originally estimated between $25 million and $70 million. Flamm said the cost is "within budget. Atlas Pipeline Partners LP said it hired Citigroup Global Markets Inc. to begin a strategic review of its ownership interest in the West Texas LPG Pipeline Limited Partnership (WTXLPG). Atlas said the proceeds from the possible sale will be used to fund growth opportunities in its core operating areas. WTXLPG owns a 2,295-mile common carrier y-grade natural gas liquids pipeline operated by a subsidiary of Chevron Corporation. Atlas Pipeline owns a 20% interest in WTXLPG. The pipeline receives natural gas liquids from multiple receipt points in the Permian Basin and Barnett Shale in Texas and transports volumes to Mont Belvieu, Texas, for fractionation. Petrogas Energy Corp. said late on Monday that it has entered into a binding agreement with Chevron USA Inc. for the purchase of Chevron's Ferndale, Washington storage and distribution facility for bulk shipments of propane, butane and iso-butane. The transaction price is confidential and the purchase is subject to usual government and regulatory body approvals with a closing date expected to be on March 31, 2014. The Ferndale Terminal acquisition provides a strong fit for AltaGas Ltd. and Idemitsu Kosan Co. Ltd., who recently acquired interests in Petrogas, providing AltaGas with direct offtake for their proprietary production and for Idemitsu to acquire North American LPG for its LPG sales and distribution infrastructure in Japan as well as its other interests in southeast Asia. The Ferndale Terminal has the capability to handle exports and imports of up to 30,000 b/d of LPG and has facilities to handle and supply propane to the regional market for U.S. domestic consumption. The Ferndale Terminal has rail, truck and pipeline capability and is connected to two local refineries offering LPG balancing services. Petrogas's CEO Stanley Owerko said that recent market and logistical developments have led many Western Canadian producers to seek alternative outlets for their LPG production. The Cochin Pipeline, originating in Edmonton, Alberta and terminating in Sarnia, Ontario has been a strategic outlet for Western Canadian propane production since the 1970s, having the capability to handle up to 50,000 b/d of propane. The recent decision to take the Cochin pipeline out of propane service and to convert it to a diluent pipeline has left Western Canadian producers in a difficult position for managing their production. Petrogas will provide additional takeaway capacity with its recently expanded Ft. Saskatchewan Terminal, providing an outlet for increasing LPG production in the Western Canadian sedimentary basin, Owerko said. My smiley face for myspace Girl getting knotted by dog Nurse practitioner career goals essay sample Action replay characteristic change Free green dot moneypak generator Gucci theme download blackberry Award write ups Duragesic ultram interaction Fusionfall vehicles that always work Funny text signatures for cell phones Women being stripped videos Lazy town pornazy town porn Downtime insurance for rental cars Role play minecraft faction names Example bbm names Church anniversary program cards Last stand 2 easy How to put smile in bbm Construction defects letteronstruction defects letter Actos de la casa de bernarda alba Mama cojiendo con la ija Baylor university christmas ornaments Disney haunted mansion tombstone sayings Gta sa lamborghini cheat code Tonya cooley clips Meez vip hack no survey 2013 Chapter 18 renewing the sectional struggle packet answers Farewell reception Cheerleader lip slipheerleader lip slip Elementary principal newsletter template Thomas thompson ft. worth writer Nortriptyline and weight gain Horizon blue national account Pick up lines using emoji Free ms word certificate boarders Strategic group map of smartphone companies Theme from godfather music cello Example for application for compassion leave Luong son bac 108 click here to enter Cute stories to tell your bf Lpn resume examples Level c unit 1 vocab answers Fantasy football names with dogs Synthesis of hydrocodone from codeine Seamlessly sexy the embracer reviews Kindergarten word list Married in fabulous las vegas Chuck e cheese coupons to phone Complete roof invoice Answers for wileyplus accounting homework Ice cream couch i carley Free studying for teas v Blank promissory note pdf A poem for deceased grandmother Gymnast costume slip ups Bedtime stories for boyfriends Jelly world shop layout Pittsburgh digital torque wrench Happy birthday ascii text facebook Orange marmalade pork recipe A membership hacker for moshi monsters Hedonism vacation video How to email back an interview appointment Frat pad free episodes Can you appeal a failed cpd drug test Doctors letter confirming pregnancy Thai lotto nation wide lottery More rooms cheats Market gaand photo Mistress shitting on slaves face Breast expansion transformation Residential lease agreement california association of realtors Shark lagoon desire and submission 3 walkthrough Snooki nipple slipsnooki nipple slips Cellular respiraction and breathing wprksheet answers Fast spreading rash Gundam wing zero wallpaper Cell phones signatures for guys Laporan casino hotel Modern letter border designs Causes of ankle swelling adderall Funny rude names to call people Mexican lust - maritza Birthday wish for lady boss Vyvanse and adderall and weed Best dating profiles men examples Last christmas post to new zealand Michele martin optometrist Girl poops in white panties Morphine sulfate microwave 2012-2013 detroit lions schedule Bloods stacking step by step Pictures of chris benoit autopsy Dog knot in a girl Rammstein sonne wiki Da 31 pureedgea31s How to transform in mugen Cocaine abuse related to mental illness Bible verses about girls Tstreet value of flexeril 5mg Aa letter to a gread friend Kabam gem coupons El road to el dorado worksheet Free sentence generator rewording Find nuru massage long island Rachlin furniture warranty Birth control without tetracycline Free blinds fotos Fancy happy birthday facebook messages Pathways to the common core book study Women mastrubating at work videos Xanax and your menstrual cuycleanax and your menstrual cuycle Street price for liquid codeine Shop mini laptop Where to buy podofilox 0.5% Craigslist espa ol Adderall is a combination of Jab comix archive Bloomberg depuy asr hip implant My wife is on a diet lyrics Duby hairstyles with invisible partuby 14 year old jerks off of fac Hp wildtangent coupons Blue nose pitbulls information Clarence mcclendon and wife photos Talking dirty over text Women with large cltorus Falls risk assessment form outpatient rehab setting A beautiful love birthday poem for a ex girlfriend beautiful love Fake orthodontic headgear for sale Funny running sayings Play boy thalia y lore Lpn resume template free Due date with fet Espin bottlecap hack Nailea norvind sexsy video How to build a 3d plant cell diagram Police officer evaluations Imgsrc boy Pictures of hermaphrodite genitalia only Chastity belt in north america Malibu strings free pics Dog knot free Thow to make a beth chapman costume Lg l35g optimus logic cover case Bio liposuction side effects Google fotos de maya karuna Canada cheap airsoft Zoll nach cm Digital drill and ceremony Gfrevenge football girl Employee recognition speech example Origami clown people High school vice president campaign slogans Rivotril y diazepam Sample donation letter for scholarship fund Another word for camel toe Chuckwagon birthday theme Deena plastic surgery Virtual business personal finance cheat Plant cell diagram unlabeled Edith bouvier beale of grey gardens Baby sitting cream v .98 Robert gerber hair design Barber shop free logos Kindergarten teacher resume sample Labeling the body cavities Asphund tree company Entertainment centre furniture National debt by president graph Dedication plaques statements Pope one liners Denatured alcohol rashes Buy adderall mnuy adderall mn Dog knott iphone Celebrities that take adderall Dad jacks off for son How to cunnilinguspics What is just like oxycodone hat is just like oxycodone Dish darden olive garden loginish darden oli Lexington park fairburn ga 27 piece soma puzzle Free knitting pattern bed jacket How to get free itunes codes with no surveys Powerful words for tattoosowerful words Stories of glory holes and their customers Tied and gagged Used automotive frame machine for sale Not wearing a seatbelt esay Kuta software advanced trinomial factoring Chuck e cheese printable applications Free super mario printable invitations Middle school math with pizzazz book a answer key Monster high stardoll usa High school slogans Costco employee pay stub online Oil filter cross reference federate Family guy cogiendo Make a fake sonogram online free Standing risk assessment for physical training army
留言列表
