AltaGas Ltd T.ALA

RIPET _ Propane Export Terminal

[rfguysd]

Hellas Glory went out to sea from Ripet early this morning 9am April10th.  Hellas Glory did arrive on time on the 6^th  but only moored on the 9^th indicating slight delays  in shipments of propane from CNR. I expect the next VLGC --  Gas Capricorn) to be moored on time April20th.

Daily throughput has plateau just under 50k bbls/day.

FEI (Far East )  propane prices remain  strong  at $520 usd/tonne (vesus ($280 usd/tonne –Edmonton).  FEI propane pricing is expected to remain strong as storage builds and plastic shortages are worked out during the 2^nd and 3^rd qtrs.
 

RIPET Exports
Moored	Depart	Vessel	Type	Volume	Barrels	Days between	Ave Rate
				m3		Moorings	Throughput
							bbl/day
11-Jan	13-Jan	Legend Prestige	VLGC	83320	524917
21-Jan	23-Jan	Pyxis Alfa	VLGC	82426	519284
28-Jan	1-Feb	Astomos Venus	VLGC	83309	524847
12-Feb	15-Feb	Nadeshiko	VLGC	78549	494859	15
22-Feb	23-Feb	Laurel Prime	VLGC	84000	529201	10
7-Mar	9-Mar	Crystal River	VLGC	82423	519265	13
16-Mar	17-Mar	Gas Capricorn	VLGC	78934	497285	9	43417
26-Mar	29-Mar	Continental	VLGC	84000	529201	10	49404
9-Apr	10-Apr	Hellas Glory	VLGC	80738	508650	14	44661
20-Apr	----	Gas Capricorn	VLGC	78934	497285	11	46191
2021 1st qtr		90 days			4138858		45987
2021  2nd qtr					1005935

 
Nameplate capacity  80k/day
Export license : 92k/day (2 licenses of 46k/day rec’d)
Calculated  rate of export :46.2k bbl/day

GLTA
RFguy

[GunnerG]

The bulk carrier One Energy got in ahead of the Hellas Glory on the 6th and departed ~4 PM on the 8th and Hellas Glory went to the terminal early on the 9th. How do you know One Energy wasn't scheduled ahead of Helas as opposed to CNR delays.  I would be interested in the link to that information.  Not sure what the scheduling rules would be for RIPET.  ie  If ship

[rfguysd]

GunnerG:  Understand  your point.  We don’t know  scheduling details. The behavior of Hellas Glory as it entered PR appeared that it was going to be moored  instead of going straight to anchorage. This could be seen on the track history which is only available for 24 hrs(free version).  My first thought was RIPET was not ready to load Hellas Glory since it only takes

[bossu]

In a way good information but too ""precise'' for average reader ! Rule of thumb :  Just look at the operation this way : 1 Lpd load $ 4,5 M 8 Lpg Load $ 36 M Period Not necessary to play with digital . As simple as this! Probably 32 loads for the 2021  32 x $ 4,5 /load =$ 144 M compared to 2020 number for $ 118 M  or 22 % increase Y/Y Keep that in mind . Just a

[GunnerG]

I was watching it as well.  Hellas eventually went to anchorage and RIPET sat empty for a over ad day .  I thought it would have been very close to the time required to load. I happened to see One Energy leave and it was odd that Hellas was also moving.  It came up with tugs, close to the wharf but One Energy was still there with tugs around it preparing to leave.