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AltaGas Ltd T.ALA

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

AltaGas Ltd. is a Canada-based infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. Its segments include Utilities and Midstream. Utilities owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities, which includes two utilities that operate across four United States jurisdictions. The Utilities business also includes other storage facilities and contracts for interstate natural gas transportation and storage services, as well as WGL Energy Services, Inc., which sells natural gas and electricity. Midstream is a North American platform that connects customers and markets from wellhead to tidewater. The three pillars of the Midstream business include global exports, which includes its two operational Liquified Petroleum Gas (LPG) export terminals and one prospective development terminal; natural gas gathering, processing and extraction, and fractionation and liquids handling.


TSX:ALA - Post by User

Bullboard Posts
Post by Rocko58on Aug 27, 2019 11:10am
142 Views
Post# 30069905

RIPET expansion

RIPET expansionI agree w/Sadie on the need to demonstrate future growth, but I don't think much will happen around RIPET in the near future. Alta's partner, Vopak, is still going thru the permitting procedures for their tank farm and wharf. When that gets operational (2022) the rail trafic from Alta, Vopak, and Pembina will be nonstop.  
     Furthermore any expansion of our present setup would probably require another large tank which will require port and provincial approvals and probably a year in construction. So in conclusion this future growth will probably have to be from other segments first. What's the possibility of Alaska or Michigan utility expansions?












Bullboard Posts