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US's NGL exports seen quadrupling by 2020

Wednesday, October 23, 2013 - 06:00

[NEW YORK] US exports of natural gas liquids (NGLs), already at a record amid surging output from shale deposits, are poised to quadruple by 2020 as the expansion of the Panama Canal cuts shipping costs to Asia.Deliveries of the fuels to foreign buyers averaged 555,000 barrels a day in July, the

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