Energy Transfer Expands Nederland NGL Terminal and Signs New Supply Deals
In June 2026, Energy Transfer LP announced major developments: a gas/NGL supply deal with Matador Resources to improve pricing and meet AI and power demand, and a fully subscribed expansion of its Nederland NGL Export Terminal in Texas, adding 240,000 bpd ethane and 55,000 bpd LPG capacity, with long-term commitments into the 2040s. Pipeline and dock expansions support rising global NGL demand.
Cross-source coverage
Wire timeline
Energy Transfer Expands Nederland NGL Export Terminal by 295,000 Bpd
Energy Transfer LP (NYSE: ET) announced a major expansion of its Nederland NGL Export Terminal in Texas on June 19, 2026. The project will increase ethane export capacity by 240,000 barrels per day (bpd) and LPG capacity by 55,000 bpd, totaling 295,000 bpd. The expansion includes new NGL pipeline capacity and two additional ship docks, with full refrigerated export capacity expected to exceed 1.25 million bpd by mid-2029. The company has secured long-term commitments for the entire new ethane capacity through the 2040s. These efforts are part of a broader infrastructure strategy that also includes expanding refrigerated storage at Nederland and increasing capacity at the Marcus Hook NGL facility, raising total refrigerated NGL export capacity to approximately 1.7 million bpd. Energy Transfer plans $5 to $5.5 billion in growth investments for 2026 to meet rising demand for NGL exports and natural gas services along the US Gulf Coast.
Yahoo FinanceEnergy Transfer Announces Expansion of the Nederland NGL Export Terminal
Energy Transfer LP (NYSE: ET) announced on June 18, 2026, an expansion of its Nederland NGL Export Terminal to meet rising customer demand. The project will increase ethane export capacity by 240,000 barrels per day (bpd) and add 55,000 bpd of LPG capacity. The company stated that 100% of the ethane export capacity is committed under long-term agreements extending into the 2040s. Since beginning ethane exports from Nederland in 2021, Energy Transfer has shipped over 430 million barrels. As part of the expansion, the company will also boost the Mont Belvieu to Nederland NGL export pipeline capacity and construct two additional NGL ship docks. Previously announced storage tank expansions for propane and butane to 1.2 million and 0.8 million barrels respectively are expected to be operational by the first half of 2027. The article was published on Yahoo Finance on June 27, 2026.
Yahoo FinanceEnergy Transfer (ET) Announces Expansion of the Nederland NGL Export Terminal
Energy Transfer LP (NYSE: ET) announced on June 18, 2026, an expansion of its Nederland NGL Export Terminal to meet rising customer demand. The project will increase ethane export capacity by 240,000 barrels per day (bpd) and add 55,000 bpd of additional LPG capacity. All ethane export capacity has been secured under long-term agreements extending into the 2040s. Since beginning ethane exports from Nederland in 2021, Energy Transfer has exported over 430 million barrels, highlighting sustained global NGL demand. The company will also expand the Mont Belvieu to Nederland NGL export pipeline and construct two additional NGL ship docks. Previously announced expansions of refrigerated propane and butane storage tanks, totaling 1.2 million and 0.8 million barrels respectively, are expected to be available by the first half of 2027.
Yahoo FinanceEnergy Transfer LP Enters Multiple New Agreements Through Affiliates
Energy Transfer LP (NYSE: ET) announced on June 4, 2026, that it entered into multiple gas supply and natural gas liquid (NGL) agreements through its affiliates with Matador Resources Company. The deal aims to improve pricing netbacks and reduce exposure to volatile Waha Hub pricing for Matador, while supporting Energy Transfer's fuel requirements amid growing demand from AI data centers and power generation markets. Additionally, on June 18, 2026, Energy Transfer announced a fully subscribed expansion of its Nederland NGL Export Terminal, adding 240,000 bpd of ethane and 55,000 bpd of LPG capacity, backed by long-term commitments into the 2040s, with staged completion beginning in 2028. Jim Cramer also expressed positive views on the stock, calling it inexpensive with a good dividend. Energy Transfer is one of North America's largest midstream energy companies, operating pipelines across 44 states.
Yahoo FinanceEnergy Transfer (ET) Enters Multiple New Agreements Through Affiliates
Energy Transfer LP (NYSE: ET) announced two major developments in June 2026. On June 4, through its affiliates, the company entered into multiple gas supply and natural gas liquid (NGL) agreements with Matador Resources Company. The deal aims to improve Matador's pricing netbacks and reduce exposure to volatile Waha Hub pricing, while supplying ET with fuel to meet rising demand from AI data centers and power generation. On June 18, ET revealed a fully subscribed expansion of its Nederland NGL Export Terminal, adding 240,000 bpd of ethane and 55,000 bpd of LPG capacity, backed by long-term commitments into the 2040s, with staged completion beginning in 2028. Additionally, on June 2, Jim Cramer expressed a positive view on ET during his Mad Money Lightning Round, calling the stock inexpensive with a good dividend. Energy Transfer is one of North America's largest midstream companies, operating pipelines across 44 states.
Yahoo Finance