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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

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Post by rfguysdon Jan 20, 2021 11:12am
231 Views
Post# 32333590

Canadian Propane Production vs Deposition

Canadian Propane Production vs Deposition Since I  was researching  various Propane export terminals,  I started  to wonder what the total Canadian Propane Disposition would be for year  2023 if all the export terminals  were completed.   

Total Canadian Propane Deposition  (Estimated for 2023).    390k bbl/day. Breakdown as follows:
                Domestic  Consumption  2023:  127k bbl/day
                Ripet after rail/port expansion 2023     80K
                Pembina  after upgrade 40k
                Vopak Tank Farm :  40k
                Pacific Transverse: 46K
                IPL HeartLand: (completion 2021) 25K
                Ferndale: 35K

TOTAL Canadian Propane Production: 2023   276K   bbls/day


Keep in mind....these are estimates.     But  it is  apparent ,   there should be a concern going forward on propane supply.   I suspect propane prices  will rise to discourage exports and encourage production.    Finally good news  for the gas producers. 

Does the forum know how much propane is extracted from Altagas processing facilities?

RFguy    



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