EIA forecasts new export licensing requirements will reduce U.S. ethane exports - King Operating

EIA forecasts new export licensing requirements will reduce U.S. ethane exports

by Laura Black | Oil & Gas News

We forecast U.S. ethane exports will decrease by 80,000 barrels per day (b/d) this year and by 177,000 b/d in 2026 in our June Short-Term Energy Outlook because of new licensing requirements for U.S. exports of ethane to China. Any policy changes that relax licensing requirements, such as the outcome of trade negotiations between the United States and China, would lead us to increase our forecasts for U.S. ethane exports again.

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