Energy Transfer LP (NYSE: ET) today announced an expansion of the Nederland NGL Export Terminal to meet additional customer demand. The project will increase ethane export capacity at Nederland by 240,000 barrels per day (bpd), along with 55,000 bpd of additional LPG capacity. One hundred percent of the ethane export capacity has been committed in long-term agreements running into the 2040’s.
Since Energy Transfer began exporting ethane out of Nederland in 2021, the company has exported over 430 million barrels. This project demonstrates that the continued growth in global NGL demand supports expansion of Energy Transfer’s Nederland assets, which partnered with the company’s wellhead-to-water system platform, creates a best-in-class franchise to provide North American energy to the rest of the world.
As part of these transactions, Energy Transfer will also expand its Mont Belvieu to Nederland NGL export pipeline capacity to service the increased refrigeration capacity and construct two additional NGL ship docks. The company expects its previously announced expansion of the Nederland refrigerated propane and butane storage tanks to 1.2 million barrels and 0.8 million barrels, respectively, to be available in the first half of 2027. These assets, along with Energy Transfer’s existing 1.3 million barrel refrigerated ethane tank, provide the largest refrigerated storage capacity for each of these products of any export complex on the U.S. Gulf Coast.
The expansion project is expected to be placed into service in stages beginning in 2028. Following the anticipated completion of the additional docks in mid-2029, the refrigerated NGL export capacity at Nederland will be greater than 1.25 million bpd. Combined with the Marcus Hook NGL Export Facility capacity of 420,000 bpd (post-expansion mid-2027), Energy Transfer’s total NGL refrigerated export capacity will be approximately 1.7 million bpd.
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with approximately 140,000 miles of pipeline and associated energy infrastructure. Energy Transfer’s strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (“NGL”) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns the general partner interests, the incentive distribution rights and approximately 28 million common units (representing 15% of the aggregate outstanding common units and Class D units) of Sunoco LP (NYSE: SUN), the managing member interests in SunocoCorp LLC (NYSE: SUNC), and the general partner interests and approximately 46 million common units (representing 32% of the outstanding common units) of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.
Forward Looking Statements
This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results, including costs and other circumstances that may impact capital projects, are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
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