Natural Gas Liguid
not gonna lie
The chemical industry accounts for roughly half of the total demand for NGL products ethane and propane. NGL is used as feedstock to produce chemicals and plastics.
Not gunna li
NGL is the product seperated from Natural Gas stream through Cryogenic seperations and it contains Heaviour Hydrocarbons Like C2+. LPG is a product of further fractionation of NGL and it contains Liquified Butane & Propane.
LNG (liquefied natural gas) is primarily methane that has been cooled to a very low temperature for transportation and storage, while NGL (natural gas liquids) are a group of hydrocarbons extracted from natural gas that includes ethane, propane, butane, and pentane. NGLs are typically separated from natural gas at processing facilities and are used for various applications such as petrochemical feedstocks and fuel.
NGL ENERGY PARTNERS LP (NGL)had its IPO in 2011.
Frac spread is the margin between natural gas liquids (NGL) and natural gas prices
As of July 2014, the market cap for NGL ENERGY PARTNERS LP (NGL) is $3,681,401,939.20.
NGL is a reservoir portion of natural gas that is stripped out as a liquid at the surface by special processing facilities.
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.
ngl stands for not gonna lie =)
NGL is not liquefied natural gas, which is condensed natural gas that is compact and therefore convenient for overseas shipping.