Propane And Butane -- LPG -- Bakken 101 -- June 22, 2017

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Title : Propane And Butane -- LPG -- Bakken 101 -- June 22, 2017
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Propane And Butane -- LPG -- Bakken 101 -- June 22, 2017

From today's RBN post:
Propane and butane — the two natural gas liquids (NGL) products generally referenced as LPG — are produced by the processing of natural gas yielding mixed NGLs and the fractionation of those NGLs into purity products.
Refineries also produce LPG.
U.S. production of propane and butane has skyrocketed during the Shale Era, largely because of rising production of wet natural gas, which contains significant volumes of NGLs.
As result, the U.S. five years ago flipped from its long-time status as a net LPG importer to a net exporter.
By 2016, net U.S. exports had risen to an average of 855 Mb/d, more than 15 times the exporting pace in 2012, and in the first six months of this year, LPG exports averaged just above 1.0 MMb/d.


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