American Ethane Co (AEC) expects to announce a new ethane sales deal with buyers in a country outside China, which may allow the company to move forward with the first stages of its plan to build 17 very large ethane carriers (VLECs).
AEC chief executive John Houghtaling said: “It could be that the [US] terminal that will ultimately supply China is built sooner on the back of the fourth contract that we have moving.
