What is an NGL?
Career: Ngl
NGLs stands for Natural Gas Liquids, which are hydrocarbon products extracted from natural gas during processing and include ethane, propane, butane, isobutane, and natural gasoline. These liquids are valuable byproducts used in a variety of industries, such as fuel, heating, petrochemical feedstocks, and as blending components for gasoline. NGLs are separated from natural gas at processing plants and are an important part of the energy sector, with their prices and demand influenced by both the oil and natural gas markets.