Regional Focus: North American NGL to boom alongside petrochemicals

Strong natural gas production and rapidly rising demand from petrochemicals makers have resulted in record-high production of natural gas plant liquids in North America, particularly in the U.S. This growth has been led by ethane. While production of propane, normal butane, isobutane and natural gasoline are closely tied to volumes of raw natural gas processed at gas processing plants, ethane recovery is influenced by both the volume and quality of natural gas processed and by ethane supply/demand fundamentals. In both the US and Canada, expanding petrochemicals production capacity is correlated with increases in NGL demand over the near term and several decades into the future. U.S. NGL m