RE:RE:The Maple Gas. Canada’s First company to supply from RIPET
It's mind blowing that one Company can increase trade with Japan by 6%.
"Once RIPET is operational, Astomos fleet will become the first to transport Canadian Liquid Propane Gas (LPG) to Japan.
As Canadian energy producers strive to reach new markets, our RIPET facility will open the door to new international trade, allowing Western Canadian natural gas producers to sell the propane produced as a byproduct of their operations and increase Canada-Japan trade by approximately six percent."
RIPET itself is a large boost to earnings but also think of the gas the will flow through all of their facilities. They have the only way for propane to flow out of Canada to get those eastern prices. Every Canadian company will want a piece of that. That gas will flow through North pine facilities and others owned by ALA. We are already seeing increased volumes through their facilities and expansion. ALA is taking a piece the whole way through.