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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

Comment by GunnerGon Apr 11, 2021 10:28pm
163 Views
Post# 32975497

RE:RE:RE:RIPET _ Propane Export Terminal

RE:RE:RE:RIPET _ Propane Export TerminalI was watching it as well.  Hellas eventually went to anchorage and RIPET sat empty for a over ad day .  I thought it would have been very close to the time required to load.

I happened to see One Energy leave and it was odd that Hellas was also moving.  It came up with tugs, close to the wharf but One Energy was still there with tugs around it preparing to leave.  

Hellas then went back to anchorage escorted by tugs and about 20 minutes later One Energy was gone.  Hellas didn't go to RIPET for hours after One Energy left.  Seemed very odd, almost like it was a timing issue, to late in the day?  Tugs only work certain hours?  Very strange.


rfguysd wrote: GunnerG:  Understand  your point.  We don’t know  scheduling details.

The behavior of Hellas Glory as it entered PR appeared that it was going to be moored  instead of going straight to anchorage. This could be seen on the track history which is only available for 24 hrs(free version).  My first thought was RIPET was not ready to load Hellas Glory since it only takes 27 hrs to load the tanker easily clearing the bulk carrier mooring by 10hours.   
  
One other note :  One Energy departed on April 8th 15:38 local time.   Hellas Glory was next and was moored April 8th 23:20 local time.  That is about 8 hrs later.  That is a longer time  between ships  since  I have seen on the Teck  wharf  interchange of ships within 2 hrs. Unusual.

In order to maintain a 50 kbbls/day throughput ,  a  new tanker  must be moored every 10 to 11 days on average. Refer to the table to see the current run rate for RIPET.

GLTA 
RFguy

=====================================================

GunnerG - (4/10/2021 7:36:56 PM)
RE:RIPET _ Propane Export Terminal
The bulk carrier One Energy got in ahead of the Hellas Glory on the 6th and departed ~4 PM on the 8th and Hellas Glory went to the terminal early on the 9th.

How do you know One Energy wasn't scheduled ahead of Helas as opposed to CNR delays. 

I would be interested in the link to that information.  Not sure what the scheduling rules would be for RIPET.  ie  If ship scheduled to pull up to RIPET is 12 hours away, they still get the slot and others wait their turn




rfguysd wrote:Hellas Glory went out to sea from Ripet early this morning 9am April10th.  Hellas Glory did arrive on time on the 6th  but only moored on the 9th indicating slight delays  in shipments of propane from CNR. I expect the next VLGC --  Gas Capricorn) to be moored on time April20th.

Daily throughput has plateau just under 50k bbls/day.

FEI (Far East )  propane prices remain  strong  at $520 usd/tonne (vesus ($280 usd/tonne –Edmonton).  FEI propane pricing is expected to remain strong as storage builds and plastic shortages are worked out during the 2nd and 3rd qtrs.
 
RIPET Exports
               
Moored Depart Vessel Type Volume Barrels Days between Ave Rate
        m3   Moorings Throughput
              bbl/day
11-Jan 13-Jan Legend Prestige VLGC 83320 524917    
21-Jan 23-Jan Pyxis Alfa VLGC 82426 519284    
28-Jan 1-Feb Astomos Venus VLGC 83309 524847    
12-Feb 15-Feb Nadeshiko VLGC 78549 494859 15  
22-Feb 23-Feb Laurel Prime VLGC 84000 529201 10  
7-Mar 9-Mar Crystal River VLGC 82423 519265 13  
16-Mar 17-Mar Gas Capricorn VLGC 78934 497285 9 43417
26-Mar 29-Mar Continental VLGC 84000 529201 10 49404
9-Apr 10-Apr Hellas Glory VLGC 80738 508650 14 44661
20-Apr  ---- Gas Capricorn VLGC 78934 497285 11 46191
               
2021 1st qtr 90 days     4138858   45987
2021  2nd qtr       1005935    
 
Nameplate capacity  80k/day
Export license : 92k/day (2 licenses of 46k/day rec’d)
Calculated  rate of export :46.2k bbl/day

GLTA
RFguy

 
GLTA
RFguy.


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