Houston, TX (PRWEB) April 30, 2013
The big players in the natural gas liquids hub of Mont Belvieu are on schedule with the massive fractionation expansion due to come online in the second half of this year, according to Genscape’s Natural Gas Liquids (NGLs) Monitor. This includes a 100,000 bpd train set to ramp up this quarter. Genscape, which utilizes proprietary technology to collect market fundamentals data across energy sectors, currently monitors 60% of fractionation by capacity at Mont Belvieu.
“By covering 60 percent of fractionation by capacity at Mont Belvieu, Genscape is able to provide customers with a comprehensive early warning system for operational upsets. Having insight into events that cause ripples throughout the entire petrochemical feedstock complex and affect olefin price changes is a distinct market advantage,” says Jacob Eubank, a Genscape Data Integrity Analyst for Oil.
The four major players - Enterprise, Lone Star, Oneok and Targa Resources - are moving forward swiftly with their construction projects. According to proprietary intelligence derived by Genscape’s aerial, visual, and infrared images collected during a flight conducted on April 9, Cedar Bayou Fractionators, a Targa subsidiary, has nearly completed construction of its Train 4 addition and is due to begin operation this quarter.
In addition, the other three major Mont Belvieu companies remain on track with their projects, including Lone Star's 100,000 bpd Fractionator II, scheduled to go in service in the fourth quarter; Oneok's 75,000 bpd MB-2 train, due to come online in the third quarter; and Enterprise's Fractionator VII and Fractionator VIII, both 85,000 bpd, which are scheduled to begin service in the fourth quarter.
Advance notice data and analysis on natural gas liquids fractionators and pipelines are available as part of Genscape’s NGLs Monitor. For more information please contact Robert Limp at 866-292-8060 or visit http://www.genscape.com/naturalgas-ngl-monitor to register for a free trial.
Genscape is the leading global provider of energy information for commodity and financial markets. Utilizing patented technologies and proprietary algorithms, Genscape provides accurate & timely data on capacities, flow and utilization for all major energy commodities. With thousands of sophisticated energy monitors strategically deployed all over the world, Genscape is unique in its ability to measure and collect energy market fundamentals. These “measured actuals” are then transmitted to clients in real-time or near real-time. Genscape clients often gain first-mover advantage and increased market transparency to better optimize their positions. For more information, please visit: http://www.genscape.com
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