The Evangeline ethylene pipeline, which carries up to 2.6bn lb/yr of ethylene between storage hubs in Texas and Louisiana, will be down until mid-December, operator Boardwalk Pipeline Partners said today, as per Argus Media. The pipeline was shut down in late October after a leak was discovered in Cameron Parish, Louisiana. Since that time, ethylene supplies stranded at Mont Belvieu, Texas weakened prices in that region, while at the same time the Louisiana market suffered supply constraints. Repairs to the pipeline are ongoing.
The outage, in addition to the delayed restart of Williams' 1.95bn lb/yr ethylene cracker this quarter, kept Choctaw prices at a premium to Mont Belvieu throughout November. Choctaw ethylene last traded at 62¢/lb on 21 November, 10¢/lb higher than the Texas hub.
02-Dec-14 
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