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What does ngl mean?

Updated: 9/23/2023
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What is the source of most NGL in the U.S.?

Most of the domestic supply of more than 70 percent of NGL was derived from natural gas processing plants. Refiners accounted for about 20 percent, and the rest of the supply came from imports, according to the Oil and Gas Journal.


What is natural liquid gas?

NGL is a reservoir portion of natural gas that is stripped out as a liquid at the surface by special processing facilities.


Who is the market leaders of natural gas liquids?

A leading producer of NGL throughout the early 2000s in the United States has been ChevronTexaco Corp. formed by the 2001 merger of Chevron Corp. and Texaco Inc.


What is natural liquid gas made out of?

Natural gas is formed from organic materials deep in earths soil heating over geological time.


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