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Ohio Utica Shale

Ohio ethane could be headed to Sweden under new agreement

By Bob Downing Published: August 7, 2014

From Bloomberg News/Akron Beacon Journal today:

Borealis AG, an Austrian petrochemical company controlled by Abu Dhabi, signed a long-term ethane supply contract with Antero Resources (AR) as it pushes ahead with a plan to import cheaper U.S. feedstock for its plant in Sweden.

Antero has significant holdings in the Utica shale in southeastern Ohio.

The ethane would be shipped from the Marcus Hook terminal near Philadelphia, starting in late 2016.

Navigator Holdings (NVGS) will undertake the shipping of ethane from the U.S., with the construction of a new vessel underway, the Vienna-based company said in a statement. Borealis’ steam cracker in Stenungsund will see a multi-million investment to upgrade the facility and the construction of an ethane storage tank, it said without giving further details.

“We need to take advantage of the significant shift in ethane availability triggered by the U.S. shale gas boom,” Borealis Chief Executive Officer Mark Garrett said in the statement. “In an increasingly challenging environment in Europe, this is an exciting opportunity to increase the competitiveness of our integrated polyolefins business.”

Borealis is joining Ineos Group Holdings, Europe’s other owner of flexible crackers that can operate on ethane rather than naptha, in tapping cheap feedstock from the U.S.’s Marcellus and Utica shale formations as North Sea energy supplies wane.

A rennaissance in the U.S. chemical industry, fueled by shale, and increased production in the Middle East and China poses a threat to European plants. While BASF SE’s petrochemical facilities are fully integrated into its naphtha cracker, helping maximize efficiency, isolated petrochemical plants will face the greatest cost presssure.



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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.