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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 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 jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


TSX:ALA - Post by User

Post by Awardedon Jan 13, 2021 7:43pm
357 Views
Post# 32291047

RE Propane Exports at RIPET

RE Propane Exports at RIPETFrom what I have been able to ascertain, AltaGas has two licenses to ship 40,000 barrels per day from RIPET, for a total of 80,000 per day.  I am not sure where the bottleneck is to achieve a higher volume.  It could be the gathering system, the trains, the port, or the market. 

One thing I wonder about is the loading facility at the port.  The berth adjacent to the propane storage tanks appears to be used to load both coal and propane. I doubt that it would possible to load both products at the same time.  With just one berth, loading faster or more often seems to be the route to higher volume.

Can anyone provide further illumination on this?



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