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et energy transfer lp netherlands ngl expansion
$ET Energy Transfer LP (NYSE: ET) today shared plans to expand the Nederland NGL Export Terminal to meet rising customer demand. The upgrade will boost ethane export capacity at Nederland by 240,000 barrels per day (bpd) and add 55,000 bpd of extra LPG capacity. All ethane export capacity is locked in for long-term deals stretching into the 2040s. Since Energy Transfer started exporting ethane from Nederland in 2021, it has shipped over 430 million barrels. This expansion shows that global NGL demand continues to grow, supporting Energy Transfer’s Nederland operations. The partnership with their wellhead-to-water system gives Energy Transfer a top-tier edge in supplying North American energy to the world.
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