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It can be called: lease-condensate, ultra-light crude, naphtha or natural gasoline, depending on who is naming it.
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If too much naphtha is coming out of the crude stream then the whole stream has to be slowed down.
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Switching feedstock from naphtha, derived from oil, to ethane, derived from gas, has kept petrochemicals cheap even as oil prices have peaked.
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Gasoline is a mix of naphtha, toluene and xylene, among other things.
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Some natural gas MLPs separate out liquids like propane and butane that compete against petroleum-based products like naphtha in the industrial chemicals market.
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The central element will be a naphtha cracker, a stainless steel vessel that under intense heat and pressure breaks long hydrocarbons into plastics precursors.
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Unlike Freeport, which must bring in some of its natural gas and liquid feedstocks by ship and railcar, Ras Tanura's chemical plants will get their daily diet of some 40, 000 barrels of oil-derived naphtha and 70 million cubic feet of natural gas by (very short) pipelines.
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