NGL storage tightens at Mont Belvieu

摘要

The key US trading hub of Mont Belvieu is facing the tightest storage availability since 1998,limiting the volumes it can absorb this summer.Heavy early summer stock-building has combined with storage maintenance problems to limit the space available in the area.One key storage operator has already rationed its LPG receipts,and the market is showing the strain,with LPG prices falling to exceptionally low levels relative to crude.