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NGL stocks down 9.2% in December: EIA data
HOUSTON, February 28, 2017 (PCW) -– Natural gas liquids stocks fell 621,000 barrels to 6.131 million barrels in December compared to November, according to EIA data released Tuesday.
Propane/propylene stocks fell 163,000 barrels in December to 2.906 million barrels. Ethane/ethylene inventories declined 283,000 barrels month-on-month to 922,000 barrels in December.
Other NGLs’ stockpile data is as follows:
· Butane/butylene: 1.074 million barrels, down 201,000 barrels from November;
· Isobutane/isobutylene: up 40,000 barrels from November to 688,000 barrels;
· Pentanes plus (natural gasoline): 541,000 barrels, a 14,000 barrel decrease.