Marcellus/Utica Ethane Heads to India via Texas on Samsung Ships
This interesting story caught our eye, and as it turns out, there's a Marcellus/Utica connection. We spotted a story that India's Reliance Industries, the largest private sector corporation in India with fingers in many pies (including energy), has just taken possession of the world's two largest ethane carrier ships. The ships, built by Samsung (of exploding phone fame) are known as Very Large Ethane Carriers, or VLECs. The two ships will load liquefied ethane at a port on the Houston Ship Channel and transport the ethane to India, where it will supply three Reliance cracker plants. The connection with Marcellus/Utica? At least part of the ethane getting liquefied and loaded onto the ships comes from the Marcellus/Utica via the ATEX (Appalachia to Texas) ethane pipeline. How cool is that (pun intended)?...
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