by Clifton Linton, Editor, Energy Transport Insider
Canadian exports of propane and butane by rail fell in the month ending Aug. 1, Canada’s National Energy Board reported late in September. The issue – North America is awash in Natural Gas Liquids (NGL) and there’s little place to store it. Further, US NGL seaborne exports have also dipped, leaving new space for incoming barrels from Canada.
Total Canadian propane rail exports stood at 2.232 million bbl in the month ending Aug 1., that’s down 47% from the same month a year prior. This is the first time in 2016 that propane rail exports have been less than in 2015. (see chart below)