Natural Gas Liquids
Energy Term
The use of NGLs as a feedstock for petrochemical production is the primary application, as they can be converted into intermediate chemicals such as ethylene and propylene, which can then be transformed into a wide range of plastics, resins, and synthetic fibers.
NGLs are also used in the retail propane market as a fuel source, particularly in rural areas where natural gas pipelines do not reach. In addition, industrial customers use propane as a fuel source for a variety of applications, including heating and hot water systems, generators, and forklifts.
Another key application is in the production and distribution of LNG (liquefied natural gas). NGLs such as propane and butane can be liquidized at a relatively low pressure and temperature, allowing for easier transport and storage. LNG can then be regasified and used as a fuel source for power generation, transportation, and other industrial processes.
NGLs are also used in the production of gasoline, where they are blended with crude oil to achieve specific octane ratings. This is particularly prevalent in the United States, where the use of ethanol as a gasoline additive has increased in recent years.
Overall, NGLs play a critical role in the energy industry, serving as a vital feedstock for petrochemicals production and as an important fuel source for numerous industrial applications.
More Glossary Terms Beginning with N
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Nanotechnology
Manufacturing Term Letter: N
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National Association of Insurance Commissioners NAIC
Insurance Term Letter: N
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National income NI
Economy Term Letter: N
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Natural Gas Equivalents
Energy Term Letter: N
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Natural Gas Liquids
Energy Term Letter: N
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Natural Gas Liquids NGL
Energy Term Letter: N
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NDA or New Drug Application
Health Care Term Letter: N
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Net Asset Value NAV
Financial Term Letter: N
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Net Card Fees
Financial Term Letter: N
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Net domestic product NDP
Economy Term Letter: N
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Net exports of goods and services
Economy Term Letter: N
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Net government saving
Economy Term Letter: N
