{
  "id": 27028,
  "title": "New US LPG export capacity could lower volatility in terminal fees",
  "url": "https://urgent.news/2026/07/31/new-us-lpg-export-capacity-could-lower-volatility-in-terminal-fees",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-07-31T21:00:47.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/new-us-lpg-export-capacity-could-lower-volatility-in-terminal-fees/"
  },
  "original_language": "en",
  "account": "The United States may add over a million barrels per day of new liquefied petroleum gas (LPG) export capacity in the coming years, potentially reducing the volatility in terminal fees and providing Asian importers with a more secure supply of the chemical feedstock. LPG serves as both a fuel and a precursor for the production of ethylene and propylene, with China's demand for these products expected to drive future LPG consumption.\n\nThe Middle East war caused LPG exports to reach record prices during the first half of 2026, as disruptions to Middle Eastern LPG shipments resulted in lower Asian imports. In response, the United States has become the primary alternative LPG supplier to Asia, with US exports to China increasing from around 20% in April to 56.5% in June.\n\nEnterprise Products recently completed an expansion project at its Neches River Terminal in Orange County, Texas, adding a flexible refrigeration train that can handle 180,000 barrels per day of ethane or 360,000 barrels per day of propane. The terminal's LPG export capacity will increase by 300,000 barrels per day. Additionally, Enterprise Hydrocarbons Terminal in the same region will see a 300,000 barrel per day capacity expansion. ICIS estimates that Enterprise and other midstream companies will boost LPG export capacity by more than 1 million barrels per day.\n\nEnterprise's senior vice president, hydrocarbon marketing Tyler Cott, stated that while a period of lower terminal fees may occur as the market absorbs the additional capacity, Enterprise has contracted about 90% of its LPG exports, limiting its exposure to any excess capacity.",
  "summary": "The US could add more than a million barrels per day of new LPG export capacity in the next few years, which could reduce some of the volatility in terminal fees while providing importers in Asia with greater security in supplies for the chemical feedstock. In addition to its use as a fuel, LPG is ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}