Enterprise Products Partners L.P. is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. It acquired GulfTerra in September 2004. The company ranked No. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
From its high-capacity storage hub at Morgan’s Point along the Houston Ship Channel, Enterprise Products with JV partner Navigator expect to export more than 175 million pounds of ethylene for the month of June. Compare that with the terminal’s inaugural load in January at 25 million pounds bound for Japan. A record 44 million pounds for a single shipment is currently loading aboard the Navigator Eclipse.
In a series of firsts, the Morgan’s Point export facility is the world’s first fully open access global hub for ethylene following the partnership’s construction of the world’s first fully open access global hub for polymer grade propylene. The ethylene terminal is part of an integrated network that includes several pipelines as well as pipeline connections to Enterprise’s Mont Belvieu processing complex. An ethylene salt dome storage well offers 600 million pounds of capacity, and construction of a refrigerated storage tank to hold another 66 million pounds will be completed by year end. With two docks to accommodate large marine vessels, the Morgan’s Point terminal is designed to load 2.2 billion pounds of ethylene per year.
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