By Kate Colaneri
Reuters reports Philadelphia-based Sunoco Logistics is moving ahead on plans to build a natural gas liquids processing and export hub on the site of a former oil refinery in southeastern Pennsylvania.
The newswire obtained records that show the company is seeking a permit from the Pennsylvania Department of Environmental Protection to build a storage facility that would hold more than 2 million barrels of propane, butane and ethane.
Sunoco Logistics did not comment to Reuters, but announced plans earlier this month to build a pipeline that would bring 275,000 barrels a day of natural gas liquids from Ohio, West Virginia and western Pennsylvania to the industrial complex in Marcus Hook.
“Sunoco is basically trying to capture the international market, particularly in northeast and northwest Europe,” said Vivek Mathur, a senior analyst at ESAI Energy. “If you’re a Marcellus producer and you have an option to move product to the Gulf Coast or through the Mariner East, it makes economic sense to choose Mariner East.”Read full article