RE:Ferndale Port --Altagas Export TerminalOn a quarterly basis (90 days) it is ~27,000 Bbls/day or 2,420,000 for Q1.
rfguysd wrote:
Vessel Captain Markos tanker left FERNDALE port on Sat. Mar20th 10am....a 4 day fill period. Next LPG tanker Corvette is expected to arrive in a period of 10 days between tankers.....Mar26th in time to be included for the 1st qtr
The Ferndale port has been increasing its throughput over the last few months from 30k to 43k bbls/day. In order to increase throughput beyond 50k bbl/day, Altagas will need to find additional US propane customers in the area….. maybe from the Bakken field area to export more propane than what is allocated on the Canadian export license. Canadian export licence is 46k/day.
Arrival Departure Vessel TYPE GT Barrels Days between Ave Rate
Arrivals throughput
Jan29 Feb4 Captain Markos LPG 47173 599,000
Feb17 Feb21 Cratis LPG 48963 622,000 19
Mar2 Mar7 Clermont LPG 47379 602,000 13
Mar16 Mar20 Captain Markos LPG 47173 599,000 14
Mar26 Corvette LPG 48060 610,000 10 43.3k/d
*Assuming 12.7 barrels / metric tonne
*606,400 barrels /14.0days= 43.300 barrels / day implied throughput rate of Ferndale. Using running average over 4 fill periods.
Nameplate capacity 50k/day
Canadian Export license : 46k/day
Calculated rate of export :43.3k/day
US Export licence not required (?)
GLTA
RFguy