Demand for price-advantaged ethane feedstock over crude oil-based derivatives within the Gulf Coast petrochemical market is approximately 955,000 barrels per day (“BPD”) and continues to increase.
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The willingness of shippers to commit to a term of at least 15 years reflects the long-term potential of shale development in the Appalachian region and provides us with the assurance necessary to build the midstream infrastructure that will facilitate further development of this important domestic resource,”...
Originating in Washington County, Pennsylvania, the first leg of the system would involve construction of approximately 595 miles of new pipeline extending to Cape Girardeau, Missouri, closely paralleling an existing Enterprise pipeline. At Cape Girardeau, Enterprise will reverse a 16-inch diameter pipeline and place it into ethane service. By utilizing an existing pipeline and following an existing right-of-way for the section to be constructed, ATEX Express offers a cost-effective and timely solution that also minimizes the project’s environmental impact.
At the southern terminus of the ATEX Express pipeline, Enterprise will be constructing a 55-mile, 16-inch diameter pipeline to provide shippers with access to the partnership’s natural gas liquids storage complex at Mont Belvieu, Texas, giving them direct or indirect access to every ethylene plant in the United States.
http://phx.corporate-ir.net/phoenix.zhtml?c=80547&p=irol-newsArticle&id=1644093&highlight=
There is a drought in Texas that isn’t going to go away. Why not put in a water line through there while they are at it?
Don’t tell the EPA about this.
Obama will, in all probability, stop the program.