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.

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AltaGas Ltd

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Comment by Sadie222on Mar 26, 2020 5:06pm

269 Views

Post# 30851003

RE:RE:RE:RE:RE:RE:bear trap

I wouldn’t count on it. It will stay low volume for two reasons;
Restricted supply
Safety (propane is heavier than air, and will collect in the hull. NG floats away if there’s a leak.)
Plans are afoot to do the conversion to LNG. Holdback is lack of refuelling capacity (similar to electric cars). It’s coming.

Well and safe, if unhappy with the restrictions. At least I don’t have little ones to keep amused, or an overloaded credit card to worry about.

Johnwith30years wrote: Sadie hello, hope you are well and safe... What I understand is one of ALA's customers in Japan is moving into the sale of propane for marine shipping after ALA ships it to them so the market will grow dramatically over time.

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