$Midstream - Another ethane importer emerges: Reliance (India) - $Midstream - InvestorVillage

  • Important Upgrade Notice: 

    At 9 pm Central, Sunday 2/16/2020, we launched the following tools as Phase One of our Premium Plus service (full service package still under development): 

    1) Customizable Scrolling Ticker
    2) Portfolio Manager
    3) Stock-specific News & Trading Email Alert Notifications

    These products are immediately available to Precious Metal & Gemstone Patrons. 

    To watch a tutorial on the "regular" site, click here. On "premium," click here

This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: $Midstream   /  Message Board  /  Read Message


Rec'd By
Authored By
Minimum Recs
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  69 of 70  at  8/15/2014 2:19:11 PM  by


Another ethane importer emerges: Reliance (India)

via a $720mm contract for 6 very large ethane carriers (87k cubic meters) for a cracker in India.

Previously analysts estimated need for 25 carriers to ship EPD's 200mmb/d of exports, presumably to Europe. India is about 2.5 times as far (via Suez) but these ships are about twice normal size...so I'd guess this will take up about 15% of EPD's capacity...or 5mmt/a out of 30.So there's more news to come.

Both of the last two importers (Borealis and Reliance) became publically known through the contracts for ships.

     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 0     Views: 596
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board

About Us  •  Contact Us  •  Follow Us on Twitter  •  Members Directory  •  Help Center  •  Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
© 2003-2019 Investorvillage.com. All rights reserved. User Agreement
Financial Market Data provided by