Houston - Dec. 17, 2020
Enterprise Products Partners L.P. (NYSE:EPD) today announced that the first vessel powered by liquefied petroleum gas (“LPG”) has been loaded at the Enterprise Hydrocarbon Terminal on the Houston Ship Channel.
The Very Large Gas Carrier (“VLGC”) BW Gemini, which had been retrofitted for dual fuel capabilities, was loaded with a record 590,000 barrels of LPG, including cargo and fuel.
“Enterprise is proud to be part of this milestone achievement which benefits both the supply and demand sides of the LPG value chain, provides environmental benefits and improves the lives of people around the world,” said A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner.
“LPG-powered vessels provide another source for growing U.S. shale production and offer enhanced efficiencies and economics for ship owners and their customers by allowing VLGCs to refuel at the loading dock instead of making an additional stop at a bunkering facility. Enterprise is already the largest exporter of propane in the world, and is helping to raise the standard of living and improve the health and quality of life for developing nations around the globe.”
By providing the option for vessels to refuel with LPG, Enterprise is also helping shipping companies reduce their emissions in accordance with the new International Maritime Organization standards (IMO 2020).
The BW Gemini VLGC is loaded with LPG at the Enterprise's EHT facility on the Houston Ship Channel. (Photo: Business Wire)
Enterprise Products Partners L.P. press release