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US positions itself as one of world's top gas liquids producers

The shale revolution has helped the US become one of the world's biggest producers of natural gas liquids, with output of over 4 million barrels per day, accounting for about one-third of the global NGL market, according to Bank of America Merrill Lynch. "Domestic and international demand trends could remain strong, as U.S. shale producers seem to be sitting on a bottomless supply of NGLs," the company's analysts said.

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