The company has attained an enterprise value of more than $70 billion through its balanced and integrated system.

As production has risen, NGL prices have fallen from $80 per barrel (bbl.) in 2003 to roughly $40 per bbl. in first-quarter 2013.

Flexibility and lower costs are among the reasons why more companies could opt for floating liquefaction plants instead of land-based ones.

The United States can attain energy independence by 2030, therefore eliminating dependency on foreign oil, according to about two-thirds of those who responded to a survey conducted by the KPMG Global Energy Institute.

Mont Belvieu and Conway NGL prices continued to approach parity in several cases the third week of May.