Insight
North American NGLs: 2017 in review
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
2017 was a good year for NGLs as the market became more balanced. Weighted NGL barrel prices increased $1.9/mmbtu to $6.9/mmbtu while gas averaged $3.0/mmbtu. NGL price recovery was driven by strong LPG export demand which catapulted propane to price parity with crude. Propane stocks averaged lower than last year and the 5-year average. Meanwhile, ethane party fell short of expectations owing to steam cracker delays. However, ethane stocks built to new highs with the market buying ahead of the curve. 2017 saw more investment in the Permian. Several midstream companies announced new Permian NGL pipelines, perhaps one too many. In this insight, we discuss the key NGL themes to remember for 2017.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
KNOC British Columbia
Korea National Oil Corporation (KNOC) entered western Canada in December 2009, through the acquisition of Harvest Energy Trust for a ...
$3,720
Insight
Lens Gas North America - Lens Direct dashboards
Delivering the latest market forecast data directly to your fingertips
$950
Insight
Trade Tariffs and Turmoil
US tariffs on Mexico, Canada & China disrupt steel trade, fuel market volatility & reshape global supply chains. Who wins, who loses?
$1,050
