Enterprise, Navigator Begin Service on Ship Channel Ethylene Tank
HOUSTON – Enterprise Products Partners and Navigator Holdings began service on a 30,000-ton refrigerated ethylene storage tank at the ethylene export terminal, which is owned 50/50 by affiliates of the two companies.
Navigator Atlas, a 21,000-cubic meter ethylene gas carrier, became the first vessel to use the new service when it was loaded Dec. 23 at the facility located in Morgan’s Point, Texas.
The tank will allow faster loading, increasing efficiency for the terminal’s customers and enabling the terminal to reach an annual nameplate export capacity of 1 million tons per year.
“Our fully commissioned Morgan’s Point ethylene export facility is the largest and most reliable supply source for waterborne ethylene in the world,” said A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner.
“We expect the terminal to operate at capacity, utilizing Enterprise’s vast interconnected ethylene platform, and to create strong demand for Navigator’s fleet of specialized ethylene capable vessels,” said David Butters, Executive Chairman of Navigator Holdings.
The new ethylene storage tank is supplied by a 600-million-pound ethylene storage cavern at Enterprise’s Mont Belvieu complex.
Enterprise also has the capability to further expand its underground caverns to accommodate additional ethylene storage.
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