China First Ethane Supply and Transportation Cooperation Project

Picture from: ccin.com.cn

Zhejiang Satellite Petrochemical signed agreements with U.S. Energy Transfer and U.K. Navigator Gas on March 15, 2018 in Beijing. Mr. Yang Weidong, President Satellite Petrochemical, signed the ethane supply agreement with Energy Transfer and signed the ethane transportation agreement with Navigator Gas. This is China’s first agreement on the export of the U.S. ethane and the U.S. first deal on the ethane export to China since the U.S. shale gas revolution.