Range Says Tariffs Aren’t Slowing LPG, Ethane Exports to Europe

Range Resources issued its first quarter 2025 update yesterday. Range produces a significant volume of NGLs (ethane and propane), in addition to methane (natural gas). Range CEO Dennis Degner told analysts yesterday that, no matter “how the tariff dust settles,” demand is expected to be “relatively strong” for its U.S. East Coast volumes of NGLs. Degner said that 80% of Range's propane (LPG) production is exported by ship. “And all of it is going to Europe right now,” he said. “So we really don’t have a current exposure to the Chinese market.” Smart company.

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