NJ Market ConX
NJ Market Conx was created to find a solution for the growing volume of propane and other gas liquids currently produced in the Marcellus/Utica without easy access to markets. Railing a short distance to the East Coast will offer producers a cheaper option resulting in higher netbacks while allowing them the ability to sell into domestic markets during peak season. NJ Market ConX will be capable of moving up to 75,000 barrels per day of refined or fractionated liquid petroleum gases to its New Jersey terminal. Terminal storage will allow access to the VLGC market and the opportunity to realize premium international prices. Pending a successful open season and timely receipt of regulatory approvals, the new terminal is expected to be in service by the first half of 2018.
To learn more please visit us at: njmarketconx.com