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Energy Transfer (ET) enter multiple new agreements through affiliates. Published on June 23, 2026 at 4:35 am by venkatesh in news. On June 4, 2026, Energy Transfer LP (NYSE:ET) entered into multiple gas supply and natural gas liquid (NGL) agreements through its affiliates with Matador Resources Company. With this agreement, Matador aims to improve the pricing netbacks as well as reduce the company's exposure to volatile Waha Hub pricing during the latter half of 2026. The collaboration will lead to a supply of natural gas to Energy Transfer LP (NYSE:ET), supporting the company in meeting its fuel requirements amid the growing demand for power from AI data centers and power generation markets. In a more recent development, on June 18, 2026, Energy Transfer LP (NYSE:ET) announced a fully subscribed expansion of its Nederland NGL Export Terminal, adding 240,000 bpd of ethane and 55,000 bpd of LPG capacity. The project is backed by long-term commitments into the 2040s and includes two new ship docks and pipeline expansions. Staged completion is expected to begin in 2028. In his Mad Money Lightning Round, on June 2, 2026, Cramer shared positive views on Energy Transfer LP (NYSE:ET), calling it an "inexpensive" stock. Energy Transfer is a terrific situation. I like it very much. I think it is inexpensive and it's got a good dividend. Founded in 1996, Energy Transfer LP (NYSE:ET) is one of North America's largest and most diversified midstream energy companies. Based in Texas, the company owns and operates a massive network of pipelines, spanning 44 states and all major U.S. production basins. While we acknowledge the risk and potential of ET as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ET and that has 10,000% upside potential, check out our report about this cheapest AI stock.

Energy Transfer's Nederland export expansion fully subscribed. Energy Transfer expands Nederland Export Terminal with fully subscribed ethane capacity. Energy Transfer LP announced plans to significantly expand its Nederland NGL Export Terminal in Texas, reinforcing its position as one of North America's leading exporters of natural gas liquids (NGLs). The expansion comes in response to growing customer demand for U.S. energy exports and will add substantial new ethane and liquefied petroleum gas (LPG) export capabilities to the facility. Under the project, Energy Transfer will increase ethane export capacity at the Nederland terminal by approximately 240,000 barrels per day (bpd), while also adding 55,000 bpd of LPG export capacity. The company said the entire additional ethane capacity has already been committed through long-term customer agreements extending into the 2040s, underscoring strong confidence in future global demand for U.S. NGL exports. The announcement highlights the continued growth of international markets for ethane and other NGL products, which are widely used in petrochemical manufacturing, plastics production, heating, and various industrial applications. As countries seek reliable energy supplies and petrochemical feedstocks, U.S. exporters have increasingly benefited from abundant domestic production and extensive export infrastructure. Energy Transfer noted that since initiating ethane exports from the Nederland facility in 2021, it has shipped more than 430 million barrels of ethane to customers worldwide. The company views this achievement as evidence of the growing role that U.S. energy exports play in global markets and believes the latest expansion will further strengthen its competitive position. According to the company, the Nederland facility serves as a key component of its integrated "wellhead-to-water" network. This system connects production regions, processing plants, storage facilities, pipelines, and export terminals, enabling Energy Transfer to move NGL products efficiently from producing basins to international customers. The company believes this integrated platform provides a significant advantage in meeting rising export demand while maintaining operational reliability. In addition to increasing export capacity at the terminal itself, Energy Transfer plans to expand the capacity of its NGL pipeline system that transports products from Mont Belvieu, Texas, to the Nederland export complex. The enhanced pipeline infrastructure will support increased refrigeration capacity needed for higher export volumes and ensure efficient product movement between key storage and export assets. The expansion project also includes the construction of two additional NGL ship docks. These new marine facilities are expected to improve loading efficiency, accommodate increased vessel traffic, and support the terminal's growing export operations. The additional docks are considered a critical component of the broader expansion strategy, enabling the facility to handle larger volumes of refrigerated NGL products destined for international markets. Energy Transfer is simultaneously advancing previously announced storage expansion projects at Nederland. The company expects expanded refrigerated propane storage capacity of approximately 1.2 million barrels and refrigerated butane storage capacity of about 800,000 barrels to become operational during the first half of 2027. These new storage facilities will complement the terminal's existing refrigerated ethane storage tank, which has a capacity of approximately 1.3 million barrels. Once completed, Energy Transfer said the Nederland complex will possess the largest refrigerated storage capacity for ethane, propane, and butane among export facilities located along the U.S. Gulf Coast. Industry observers view storage infrastructure as a critical component of export operations because it allows exporters to manage fluctuations in production, shipping schedules, and market demand. Increased storage capacity can enhance operational flexibility and improve the ability to meet customer commitments during periods of heightened export activity. The Nederland expansion project is expected to enter service in phases beginning in 2028. This staged approach will allow Energy Transfer to progressively bring new infrastructure online while maintaining ongoing operations at the terminal. A major milestone is expected to occur in mid-2029 when the two additional ship docks are anticipated to be completed. At that point, refrigerated NGL export capacity at the Nederland facility is projected to exceed 1.25 million barrels per day, making it one of the largest export hubs of its kind in the world. The company's broader export portfolio will also benefit from growth at its Marcus Hook NGL Export Facility in Pennsylvania. Energy Transfer previously announced plans to expand export capacity at Marcus Hook, with the project expected to be completed by mid-2027. Following that expansion, the facility is projected to have export capacity of approximately 420,000 barrels per day. When combined, the Nederland and Marcus Hook facilities will provide Energy Transfer with total refrigerated NGL export capacity of roughly 1.7 million barrels per day. This extensive network positions the company to capitalize on growing international demand for U.S. NGL products while offering customers access to multiple export points across the country. The expansion reflects broader trends shaping global energy markets. Rising petrochemical production, increasing demand for cleaner-burning fuels, and ongoing industrial development in emerging economies continue to drive consumption of NGL products. Ethane, in particular, has become a key feedstock for petrochemical manufacturers due to its cost advantages and widespread availability from U.S. shale production. Energy Transfer's latest investment signals confidence that these market trends will continue for decades. With all new ethane export capacity already under long-term contract, the company has secured a strong foundation for future growth while providing customers with reliable access to U.S. energy supplies. As construction progresses over the coming years, the Nederland expansion is expected to strengthen Energy Transfer's role in global energy trade, enhance export capabilities along the Gulf Coast, and support the continued development of North American NGL markets. The project also reinforces the strategic importance of integrated infrastructure systems that connect production regions with growing international demand centers around the world.

INSIGHT: Energy Transfer to expand NGL terminal amid rising US supplies, foreign demand. Al Greenwood 18-Jun-2026 HOUSTON (ICIS)-Energy Transfer is the latest midstream company to expand ethane and LPG export capacity in the US as rising domestic supplies of the feedstock and growing foreign demand from steam crackers supports new investment. * Ethane-based ethylene margins exceed those for naphtha, and the premium grew following the war in Iran. * The US has few new petrochemical projects that will absorb rising supplies of ethane and other natural gas liquids (NGLs), supporting the rationale behind the new terminals. * Other midstream companies are pursuing similar projects. Energy Transfer's project will expand the company's terminal in Nederland, Texas. Ethane export capacity will grow by 240,000 barrels/day and LPG export capacity will expand by 55,000 barrels/day. All of the additional ethane capacity has been committed in long-term agreements that run into the 2040s, Energy Transfer said. It did not comment about LPG agreements. Energy Transfer will commence operations in stages starting in the beginning of 2028. Other projects at Nederland include the following: * Refrigerated propane storage will increase to 1.2 million barrels in the first half of 2027. * Refrigerated butane storage will increase to 800,000 barrels in the first half of 2027. * Additional docks should be completed in mid-2029. Ethane storage at Nederland is already at 1.3 million barrels, giving the Nederland terminal the largest refrigerated storage capacity on the US Gulf Coast for each of the NGLs, Energy Transfer said. Total refrigerated export capacity at the terminal will exceed 1.25 million barrels/day. Energy Transfer is also expanding its NGL terminal in Marcus Hook, Pennsylvania. By mid-2027, NGL refrigerated export capacity should reach 420,00 barrels/day. NGL RISE AS US DEMAND FLATLINES Midstream companies have steadily expanded export capacity in recent years, driven by structural advantages in US feedstocks. Ethylene producers generally achieve higher margins when cracking ethane and LPG rather than oil-based naphtha, even after accounting for shipping costs, according to ICIS data. That margin advantage widened following disruptions to Middle East supply routes. Asian crackers reliant on Persian Gulf naphtha faced sharply higher feedstock costs, while US-linked ethane supply chains remained comparatively stable. The US is the sole supplier of overseas exports of ethane, and it is the largest exporter of LPG. The nation's production of NGLs should continue to increase because its oil wells are producing a growing share of gas. The average barrel produced in the Permian basin now yields more natural gas and NGLs than oil, according to Enterprise Products, a midstream company. Meanwhile, US demand for ethane and propane is barely growing because only a couple of cracker projects are being built. The cracker at the Golden Triangle Polymers project should reach full operations in 2027. It is being developed by a joint venture made up of Chevron Phillips Chemical and QatarEnergy. Shintech plans to build an ethane cracker at Plaquemine, Louisiana, as part of a larger project that will add a chlor-alkali unit and a vinyl chloride monomer (VCM) plant. Operations should start in 2030. No other cracker projects is moving forward. Westlake has expressed openness into possibly expanding the joint venture cracker that it owns with Lotte Chemical in Louisiana. But any decision would have to follow a review of costs. FG LA LLC, a subsidiary of Formosa Plastics Group, has said little about a two-phased proposed project called Sunshine that would produce ethylene and downstream derivatives. Thailand's PTT Global Chemical (PTTGC) had considered building a cracker as part of a larger greenfield project in Ohio. The project hit a snag in July 2020, when the company's joint venture partner left. The project's air permit expired in 2022, according to a letter from the Ohio Environmental Protection Agency. PTTGC said it will not be able to move forward until there is a significant financial partner. US NGL EXPORT CAPACITY GROWS THROUGH 2030 Over the years, midstream companies have been expanding NGL export capacity along the US Gulf Coast. The Nederland terminal of Energy Transfer began exporting ethane only in 2021. A new LPG export terminal is being built in Texas City, Texas, by Texas City Logistics, a joint venture made up of the midstream companies ONEOK and MPLX. The following summarizes the recently completed and ongoing expansion projects at US NGL terminals. * Energy Transfer recently added up to 250,000 barrels/day of NGL export capacity at Nederland. It did not break down the NGLs by product. * In Q2 2026, Enterprise Products plans to complete phase 2 of its Neches River Terminal. This is a flex ethane and propane export terminal project in Orange county in Texas. It will allow Enterprise to load up to 180,000 barrels/day of ethane, 360,000 barrels/day of propane, or a combination of the two. * In Q4 2026, Enterprise Products plans to expand LPG export capacity by 300,000 barrels/day at its Enterprise Hydrocarbons Terminal (EHT) on the Houston Ship Channel in Texas. * In Q3 2027, Targa Resources plans to increase total LPG export capacity at its Galena Park Marine Terminal to 19 million barrels/month. * In Q3 2027, Energy Transfer plans to complete a 900,000 barrel refrigerated ethane storage tank and 20,000 barrels/day of ethane chilling capacity at Marcus Hook. * In early 2028 Texas City Logistics plans to start up its 400,000 barrels/day LPG terminal in Texas City. Insight article by Al Greenwood Thumbnail image: An ethane vessel. (Image source: INEOS) Global news + ICIS Chemical business (ICB). See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry. Related commodity market analysis and insight. Contact Comah.org. Partnering with ICIS unlocks a vision of a future you can trust and achieve. Comah.org leverage its unrivalled network of industry experts to deliver a comprehensive market view based on independent and reliable data, insight and analytics. Contact Comah.org to learn how Comah.org can support you as you transact today and plan for tomorrow.