Sunoco Logistics and Lone Star Move Forward on LPG Import/Export Project
Sunoco Logistics Partners and Lone Star NGL said they have signed long-term fee agreements with Shell Trading US Company to move forward with a liquefied petroleum gas export/import project. Sunoco Logistics is an affiliate of Energy Transfer Partners, while Lone Star is a joint venture between ETP and Regency Energy Partners. The Mariner South project will integrate Sunoco Logistics’ existing Nederland Marine Terminal and pipeline from Mont Belvieu, Texas to Nederland, Texas, with Lone Star’s Mont Belvieu fractionation and storage facilities, the companies said in a press release.
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Mariner South will have an initial capacity of 6 million barrels per month and will be designed to load LPG carriers with an approximate capacity of 550,000 barrels, said the release. The Nederland Terminal will provide 24-hour ship access in the Gulf Coast with a load rate of up to 30,000 barrels per hour, it said. The project is expected to be operational in the first quarter of 2015.