RE:Why is RIPET’s Export of PROPANE at 48k BBLS/day for 1 yrAre nthe links to the two reports May 5, 2017 and March 2021 the links you included in a post the other day?
The link the other day is a to May 6, 2017 (6th) press release that talks about 50-60 cars per day for RIPET jointly built.
Then you talk about March 2021 Study.
If, it is the second link you gave the other day, they talk about 100 cars per day going to 240 at maximum capacity at the VOPAK facility being considered.
I don't understand your comment "Didn’t change much over the years.
Also, you comments on CN being the bad guys as to RIPET not increasing its throughput is out of line unless your have some proof.
CN has a specific amount of capacity and is being gobbled up with the container expansion and the fact that Altagas or Vopak may want to expand is meaningless until they make a firm request of CN for that capacity. Obviously the rail component needs certain improvements in order to expand capacity and until those happen, I am sure it is first come first served until a contract is signed.
rfguysd wrote: Sometimes, when we look for answers to questions the most obvious solution is often overlooked.
Look at 2 press releases 4 years apart.
a)Propane from British Columbia and Alberta will be transported to the facility using 50-60 rail cars a day through the existing CN rail network. --- May5 2017
b) The terminal will offload approximately 50-60 rail cars per day . Vopak rail Study March 2021.
Didn’t change much over the years . Did it?
Lets calculate how many barrels are available in 60 railcars /day.
*pressurized
*33,800 US gals (UTLX)
*42 gals/ barrel
Barrel/day = 60 (railcars)*33,800(gals/railcar) / 42(gals/barrel) = 48,283 barrels/day.
| Railcars /day | | Barrels/Day |
| 60 | | 48,285 |
| 70 | | 56,333 |
| 80 | | 64,380 |
| 90 | | 72,428 |
So why hasn’t Ripet increased its throughput? The most likely reason is that CNR and Altagas must have an agreement that states 50-60 railcars/day will be delivered to RIPET from storage in Alberta at a certain cost . Altagas must be asking for more delivery since propane prices are high and demand is good but CNR is refusing.
Hence RIPET is at 48,300 barrels /day throughput for the last year. You think there is a monopoly for cellphones……. This is far worse don’t you think?
GLTA
RFguy.
PS. I would think ALTAGAS is leasing the railcars directly from PROCOR. I would not think CNR is involved with any railcar leases.