Ethane production is anticipated to boost from 1.1 million barrels per day in 2015 to 1.4 million b/d in 2017, Ethane, is a key feedstock for petrochemical manufacturing and recovered from raw natural gas at natural gas processing plants, said by source.
U.S. ethane consumption is estimated to swell in 2016 as growth projects at ethylene-producing petrochemical plants increase feedstock demand for ethane. In 2017, ethane consumption is projected to increase as capacity begins to ramp up at five new petrochemical plants and at a previously neutralized plant.
