Largest Ethane Facility in World Starts Service at Port of Houston
Sep 02, 2016
Enterprise Products Ethane Export Facility - Photo Courtesy: Enterprise Products.
HOUSTON - Today, Enterprise Products Partners L.P. (Enterprise) announced that service has begun at its newest ethane export terminal. The M/V JS INEOS Intrepid set sail this morning with the first cargo of ethane export from the Enterprise facility at Morgan’s Point. “The energy renaissance in the state of Texas is further illustrated with the arrival of the first Ethane ship to Enterprise Products at its new facility at the Port of Houston,” said Port Commission Chairman Janiece Longoria.” “As the Port Authority continues to generate jobs and economic impact for the entire region, we are excited to share this historical event with Enterprise. Our long term lease with Enterprise underscores our mission and vision to ‘grow and diversify the business base’ and ‘sustain the business for the long-term.’”
Enterprise signed a long-term agreement with the Port of Houston Authority for use of its facilities adjacent to Enterprise’s existing terminal at Morgan’s Point. The Enterprise project is among a host of projects and expansions being carried out along the channel fostering positive economic impact for the region and state of Texas. The Port of Houston, which is home also to the largest petrochemical manufacturing complex in the United States, leads the nation in exports.
Whats this about?
It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”
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