YTD RIPET FERNDALE totalsCrystal River left Ripet May 17 and Constitution left Ferndale May 18 with ¾ load. Constitution then proceeded to Ripet to load the remaining ¼ . As GunnerG pointed out Constitution left Ripet on May23rd. Transport optimization was stated as the reason for movement of Constitution.
Vessel Gas Wisdom is to arrive at Ripet on May 31 and BW Messina is expected to arrive at Ferndale on May27th.
The table below is effective as of May31-2021. (ie includes Gas Wisdom and Messina).
It is not known at this time what vessels are destined for Ripet in June but HISUI is to arrive at Ferndale June 7.
| | Ist qtr | 2nd Qtr | YTD |
| Ferndale(as of may31) | |
| Vessels | 6 | 4.75 | 10.75 |
| EXPORTs (Barrels) | 3,133,623 | 2,472,122 | 5,605,746 |
| Ebitda (partner) | 10,875,502 | 7,422,755 | 18,298,258 |
| Ebitda (altagas) | 30,953,353 | 21,126,304 | 52,079,657 |
| Current tput(bbls/day) | | 40,478 | |
| | | | | |
| RIPET(as of may31) | Ist qtr | 2nd Qtr | YTD |
| Vessels | | 8 | 5.25 | 13.25 |
| EXPORTs (Barrels) | 4,138,858 | 2,683,607 | 6,822,466 |
| Ebitda (partner) | 16,574,141 | 9,297,411 | 25,871,553 |
| Ebitda (altagas) | 38,672,997 | 21,693,960 | 60,366,957 |
| Current tput(bbls/day) | | 44,149 | |
‘
Estimated
YTD transportation cost for propane to Far Est = 136,710,326. Recall, that Altagas is expecting to save 30M in costs on a yearly basis which is nearly 10% of the total cost.
GLTA
RFguy