BBC: Grangemouth plant owner Ineos boosts ethane ship order

Grangemouth petrochemical plant owner Ineos has ordered another two ships to bring shale gas from the US to Europe. The two Dragon Class ethane vessels will boost the Ineos fleet to eight.

Ineos said the order from Evergas would satisfy demand from its crackers at Grangemouth and Rafnes, Norway.

It added US ethane was vital for the long-term future of the crackers, which it said had relied on "declining and expensive" ethane volumes from the North Sea.

At Grangemouth, construction of a new ethane import terminal and storage tank is well under way and is expected to be completed in 2016.
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