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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 rfguysdon Apr 17, 2021 3:45am
222 Views
Post# 33016489

RE:What I ( WE) need now from rfguysd: confirmation

RE:What I ( WE) need now from rfguysd: confirmationBossu:  Yes the PR report is not the same overall number as presented in the table. Let me explain without too much scientific jargon.

At  room temperature(15C)  propane is a gas at  standard atmospheric pressure. At about 7-10 bars (7-10 x atmospheric pressure )  propane will turn into a liquid.(as in your barbecue tank).  It is more efficient to ship propane in pressurized tanks  in order to increase  the amount of propane that can be shipped.  Propane is normally shipped in  pressurized  railcar tanks or trucks  to increase the weight of shipment.
In  a the VLGC tankers, the containment tanks  are not built  for  these pressures (10 atmospheres) to keep ship construction costs down.  The route  that is taken is to lower the propane temperature to a point when the propane turns to a liquid. The propane is refrigerated and stored at  temperatures near -20 to -40C  on the ship  and at  RIPET/Ferndale as  well.
All gases, liquids and solids contract  when they are cooled(except water).When propane is chilled to -30C,  the given volume of propane for a given weight will shrink…as compared to 15C.   There are correction factors to account for this volume change.  I  have attach a link.

https://www.ic.gc.ca/eic/site/mc-mc.nsf/eng/lm00136.html
 
The  conversion  I  provided  was for  cubic meters to barrels at the standard temperature  and equilibrium pressure.  This  would be 15C. It  appears  that  propane  is being shipped near -30C so the conversion would be different.

To convert to tonnes directly

At 15C:
Density of propane  = 500kg/m3
At -30C:
Density of propane  = 560.75kg/m3

Total weight for the QTR (RIPET)= 560.75 kg/m3*656961 m3 = 368,391 tonne.

For Ferndale, I would use  the same assumptions and assume shipment at -30C < 2bars.
Total weight for the QTR (Ferndale)= 560.75 kg/m3*497400 m3 = 278,917 tonne.

I will add a column for propane shipped (tonnes at -30C) in the next updates. I  will continue to use barrels (15 C)  which is standard but remember when one goes from -30C to 15C propane will expand it's volume by the correction listed on the website.
 
GLTA
RFguy

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