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The Role of Natural Gas Liquids (NGLs) in the American Petrochemical Boom

March 15, 2018

In recent years, many Americans have experienced the benefits that increased domestic oil and gas production provides, such as lower costs for home heating and automobile gasoline, lower electricity costs, decreased electricity-sector emissions and reduced reliance on foreign countries for energy imports. What we talk about less is the fact that this shale revolution in America has also resulted in an “NGL revolution.” In addition to methane, natural gas contains hydrocarbons known as natural gas liquids (NGLs), like ethane, propane, butane, isobutane, and pentane. Natural gas processing plants and refineries remove (or condense) NGLs as a liquid from the vaporous natural gas stream.

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This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein.

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The Role of Natural Gas Liquids (NGLs) in the American Petrochemical Boom