HOUSTON, May 29 (Reuters) - Enterprise Products Partners ( EPD )
on Thursday said its ethane and butane exports could be
hurt by a U.S. Department of Commerce requirement that it apply
for a license to export to China.
The United States has ordered a broad swathe of companies
to stop shipping goods, including ethane and butane, to China
without a license and revoked licenses already granted to
certain suppliers, Reuters reported on Wednesday.
Enterprise, which owns and operates marine export terminals
that handle ethane and butane, said in a regulatory filing it
was evaluating its procedures and internal controls and could
not determine if it will be able to obtain a license.
Enterprise's marine export terminal on the Houston ship
channel loaded about 213,000 barrels per day of ethane in 2024,
of which about 85,000 BPD, or 40%, were exported to Chinese
markets, Enterprise said.