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Bullboard - Stock Discussion Forum AltaGas Ltd T.ALA

Alternate Symbol(s):  T.ALA.PR.A | T.ALA.PR.B | ATGAF | T.ALA.PR.G | ATGFF | ATGPF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States... see more

TSX:ALA - Post Discussion

AltaGas Ltd > Pyxis Alfa ...arrived at RIPET
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Post by bossu on Jan 12, 2021 8:32am

Pyxis Alfa ...arrived at RIPET

So it was not my imagination but I never though that there would be 2 LPG tanker at a the same time at RIPET to take delivery of LPG to Asia.
The unknown:
How are they positioning the 2 big LPG tanker with a lenght of 230 m and a 37 m beam wide.
Have they begun to load  the Legend Presitige ? But both are sheduled to leave on or about  10 days (at least the Legend Prestige).
Interesting to see what is going to happen next for the rest of January .
Ala will surely inform  us soon (not on Fev 28 )on  what  will be  2021 productiio number guidance.
What we observe now if succesfull will have a big positive impactt on the 2021 numbers and probably more than $ 100 M .
Comment by Bushman3333 on Jan 12, 2021 11:32am
The answer to that 1 maybe they expansion the dock or they might added more loading gear, I have seen that in thunder bay ont in Quebec City loading dock also in three river,  sarnia
Comment by marketsense on Jan 12, 2021 3:37pm
My guess is more loading gear to accomodate two ships.  Just like coal or crude,  you can't load more than one ship at a time even with more dock space if you don't have the extra loading gear infrastructure,  I.e,  dual set of conveyor systems for propane.  The main point is they are able to do it and consequently doubled their capacity.    Very positive ...more  
Comment by bossu on Jan 12, 2021 3:57pm
As I have noted in a previous post they have had from December 30 to January 11 a total of  12 days to install necessary ''gear'' prefabicated and fix during that period. Of course not 100 % certain but we should know soon. If the ''little guy''have  taken note of the unusual activities at RIPET, the analysts have  access to the managment team ...more  
Comment by Bushman3333 on Jan 12, 2021 4:14pm
Any information about  Potrogas activities???
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