Pairing LNG production facilities with NGL recovery plants has proven to be an effective way of delivering LNG to market. In light of this growing demand, the need for new and more efficient methodologies that can help producers deliver LNG to market quicker and cheaper has also increased.
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Overall demand for natural gas throughout the globe is expected to rise steadily in the coming years. However, this trend has been somewhat hampered in recent months as the price differential between crude oil and natural gas has narrowed. In recent years, the use of LNG as a clean-burning alternative to coal, gasoline and diesel has grown dramatically. Beck, Audubon Companies, Denver, Colorado The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.Pair NGL recovery with LNG production to improve processing economicsĭ. NGL Energy Holdings LLC serves as the general partner of the company. This segment is also involved in the marine export of butane through its facility located in Chesapeake, Virginia. The Liquids Logistics segment supplies natural gas liquids, refined petroleum products, and biodiesel to commercial, retail, and industrial customers in the United States and Canada through its 24 terminals, third-party storage and terminal facilities, and nine common carrier pipelines, as well as through fleet of leased railcars. The Crude Oil Logistics segment purchases crude oil from producers and marketers, and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs and provides storage, terminaling, and transportation services through pipelines. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated from oil and natural gas production aggregates and sells recovered crude oil disposes solids, such as tank bottoms, and drilling fluid and muds, as well as performs truck and frac tank washouts and sells produced water for reuse and recycle, and brackish non-potable water.
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The company operates in three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products / renewables, and water solutions. 7 Dividend Stocks That Earn 10% Every Month.7 Dividend Aristocrats to Help You Take the Bite Out of the Bear.10 Recession-Proof Stocks That Will Let You Wait Out the Bear.7 Stocks with the Pricing Power to Push Through High Inflation.7 Blue-Chip Dividend Stocks That Won’t be Impacted by Rising Interest Rates.7 Mid-Cap Stocks That Can be the Perfect Fit at Any Time.7 Stocks to Buy to Outrun Rising Interest Rates.7 Sports Betting Stocks to Buy for Their Long-Term Possibilities.7 Water Stocks to Buy as the World Dries Up.7 Solar Stocks Leading the Clean Energy Boom.7 Railroad Stocks to Keep Your Portfolio Chugging Along.Tax Credits are the Incentives in the Inflation Reduction Act.
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