U.S. Ethane Exports Set to Surge with New Gulf Coast Capacity

Ethane production in the United States, where nearly all ethane is recovered at natural gas processing plants, has eased in recent weeks from record highs set earlier this year. Record U.S. natural gas production last year led to record volumes of ethane recovery at processing plants in the first half of 2024. However, recovery has recently fallen from all-time highs due to record-high levels of stocks. While the end of this year sees some easing in U.S. ethane production, continued strong export demand and expanded export capacity are set to support…