{"id":227065,"date":"2025-02-06T11:27:11","date_gmt":"2025-02-06T15:27:11","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/oneok-and-mplx-partner-to-build-lpg-export-terminal-in-texas\/"},"modified":"2025-02-06T14:00:37","modified_gmt":"2025-02-06T18:00:37","slug":"oneok-and-mplx-partner-to-build-lpg-export-terminal-in-texas","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/oneok-and-mplx-partner-to-build-lpg-export-terminal-in-texas\/","title":{"rendered":"ONEOK and MPLX partner to build LPG export terminal in Texas"},"content":{"rendered":"\n<p><strong>ONEOK<\/strong> and <strong>MPLX LP<\/strong> have entered into an agreement to develop a large-scale LPG export terminal in Texas City, Texas. With a capacity of 400,000 barrels per day ( <em>bpd<\/em> ), this infrastructure will connect to the Mont Belvieu storage facility through a new 24-inch pipeline. <\/p>\n\n<h2 class=\"wp-block-heading\">The investment in the LPG export terminal<\/h2>\n\n<p>The two companies will invest approximately $1.4 billion in the terminal, splitting the costs equally. <em>ONEOK<\/em> and <em>MPLX<\/em> will each reserve 200,000 bpd for their customers. The terminal will be operated under the joint venture <strong>Texas City Logistics LLC<\/strong> ( <em>TCX<\/em> ), with MPLX in charge of construction and management of the facility. <\/p>\n\n<p>In addition, a new pipeline called <strong>MBTC Pipeline LLC<\/strong> will be developed, with ONEOK owning 80% of the shares and MPLX owning 20%. The total investment in the pipeline amounts to US$350 million, of which <em>ONEOK<\/em> will contribute US$280 million and <em>MPLX US<\/em> $70 million. <\/p>\n\n<p>The terminal will take advantage of <strong>Marathon Petroleum Corporation<\/strong> &#8216;s infrastructure, optimizing costs and construction times. In addition, the work is expected to be completed in early 2028 and will contribute to the expansion of LPG export capacity, covering <strong>low propane ethane<\/strong> ( <em>LEP<\/em> ) and <strong>normal butane<\/strong> ( <em>NC4<\/em> ). <\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Given our high expectations for future growth and demand for additional energy infrastructure, including export capacity, these projects with MPLX complement our disciplined capital allocation strategy.<\/p>\n<cite>Pierce H. Norton II, CEO of ONEOK.<\/cite><\/blockquote>\n\n<p>This strategic partnership strengthens ONEOK and MPLX&#8217;s role in the energy infrastructure sector in the United States, providing efficient solutions for the transportation and export of LPG. With the rise of <a href=\"https:\/\/inspenet.com\/en\/news\/oneok-completes-acquisition-of-enlink-midstream-and-strengthens-its-strategies-in-the-midstream-sector\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>global NGL trade<\/strong><\/a> , this terminal is emerging as a key point in the distribution of hydrocarbons. <\/p>\n\n<p><strong>Follow us on social media and don&#8217;t miss any of our posts!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" rel=\"nofollow noopener\" target=\"_blank\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" rel=\"nofollow noopener\" target=\"_blank\">Instagram<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" rel=\"nofollow\">X(Twitter)<\/a> <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" rel=\"nofollow noopener\" target=\"_blank\">TikTok<\/a><\/p>\n\n<p><strong>Source and photos: <a href=\"https:\/\/ir.oneok.com\/news-and-events\/press-releases\/2025\/02-04-2025-114229271\" target=\"_blank\" rel=\"noreferrer noopener\">ONEOK<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This project will boost the competitiveness of companies in the international market, consolidating the logistics position of LPG and other natural gas derivatives.<\/p>\n","protected":false},"author":8404,"featured_media":226997,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-227065","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/227065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=227065"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/227065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/226997"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=227065"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=227065"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=227065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}