U.S. Nat Gas Liquids Exports Hit Record—Even With China Playing Hardball

Julianne Geiger, a seasoned editor, writer, and researcher for Oilprice.com, reported on May 8, 2025, that despite fears of a trade war affecting gas exports, U.S. natural gas liquids (NGLs) hit a record high in April. Ship tracking data showed exports reaching 2.9 million barrels per day, even though exports to China dropped by 35% month-over-month.
NGLs such as ethane, propane, and butane, crucial for various industries, heavily relied on China as a key buyer. However, tensions led to China imposing a 125% tariff on U.S. ethane, only to quietly waive it later. Despite the initial concerns, other countries like India, Brazil, and Japan increased their NGL imports from the U.S.
Major NGL producers like Enterprise Products Partners and Energy Transfer reported no disruptions in exports and even saw increases in transport and export volumes. The Energy Information Administration projects a 3.6% rise in U.S. ethane production this year, with most of the growth targeted for foreign markets. The market has managed to keep U.S. energy exports strong, showing that despite trade disputes, demand for gas liquids remains high.
Julianne Geiger contributed to this article for Oilprice.com.