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Big Chinese tankers help US export ethane
Add BT as a preferred sourcePublished Thu, Aug 13, 2015 · 09:50 PM
Shanghai
THE US shale boom's latest reverberations are being felt at a shipyard on the Yangtze River in eastern China.
It's there that Sinopacific Offshore & Engineering Co unveiled last month a so-called dragon-class tanker to carry US hydrocarbons to Europe. The 180-metre-long vessels will move ethane piped from American shale fields to a Pennsylvania terminal, across the Atlantic to Norway and Scotland, where Ineos Group Holdings SA will process the natural gas liquid into chemicals used to make plastics.
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