Working Conditions Aboard the Ineos-Intrepid

On September 1, 2016, Enterprise Products Partners L.P. (NYSE:EPD) marked a significant achievement in energy exports with the departure of the inaugural ethane cargo from its state-of-the-art terminal in Morgan's Point, Texas. The M/V JS INEOS Intrepid was loaded with approximately 265,000 barrels of ethane and set off this morning towards the INEOS facility located in Rafnes, Norway. This terminal stands out as the world's largest ethane export facility, boasting an impressive loading capacity of 10,000 barrels per hour, facilitating increased efforts to meet international energy demands.

On March 23, 2023, the INEOS INTREPID, renowned as the largest multi-gas carrier globally, made its inaugural journey to Europe, docking at Rafnes, Norway. The ship transported an impressive 27,500m³ of ethane sourced from US shale gas, marking a significant milestone as it is the first shipment of its kind to reach European shores. This development is the result of a substantial $2 billion investment by INEOS, aimed at optimizing their operations. Looking ahead, INEOS plans to deploy a fleet of eight of these colossal vessels to create a virtual pipeline, facilitating the shipment of US shale gas to their petrochemical facilities in Norway and Scotland. This strategic shift will see US shale gas replacing the dwindling feed from the North Sea.

In a groundbreaking move for the energy sector, petrochemical powerhouse Ineos has announced that its inaugural shipment of shale gas has set sail from the United States, headed towards European shores. The vessel, Ineos Intrepid, departed from the Philadelphia port on the East Coast last week, carrying an impressive 27,500m³ of ethane sourced from US shale deposits. This historic journey marks the very first occasion that US shale gas has been imported into Europe. According to Ineos, plans are already in motion to commence regular shipments of this crucial gas to its base in Grangemouth later this year. Extensive preparations, including the construction of ethane storage tanks at both Rafnes in Norway and Grangemouth, have been underway over the past couple of years, supporting this significant development in natural gas logistics. To follow updates on this exciting venture, read more here: http://www.falkirkherald.co.uk/news/local-news/first-ineos-shale-ship-is-underway-1-4075677#ixzz43RCiT5wu