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Propane Helps Fuel Midstream/MLP Growth
Propane may be a familiar fuel for grills or patio heaters, but it also serves as a critical petrochemical building block. Propane and other natural gas liquids (NGLs) have been important growth drivers for midstream companies as global demand for these products increases, particularly for petrochemical applications. Today’s note discusses the growth seen in propane and how midstream companies could benefit. Propane is one of the five NGLs, along with ethane, butane, isobutane, and natural gasoline (read more). NGLs are produced alongside oil and natural gas at wells. They separate from the natural gas stream at ... (full story)