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EPD Faces Export Setback as US Blocks China-Bound Ethane Cargoes

Key Takeaways EPD was notified that BIS intends to deny licenses for three ethane cargoes totaling 2.2M barrels. New BIS rules now require a license to export high-purity ethane to China, impacting shipping plans. In 2024, 37% of EPD ethane exports went to China, a key market now facing uncertainty.Enterprise Products Partners L.P. (EPD) disclosed that the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) has issued a notice of intent to deny emergency license applications for three et ...