RE:YTD RIPET FERNDALE totals To show an
overall view on the EBITDA contribution from the LPG exportation look like this for 2021 (Guestimate)
..............................Ripet Ferndale
Q1 ................... $ 31 M $ 38,7 M
Q2 ---2 months $ 21,7 M $ 21,1 M
Q2........................$ 32,5 M $ 31,7
Total H! $ 63,5 $ 70,4 -----» $ 133,9 M
EBITDA 2021 contribution from LPG exportation $ 268 M
As a percentage contribution from the total revised bugeted of
$ 1 475 M will be on a percentage $ 268 M/1475 M or 18 %
As a cross check for 2021 using only the Q1 number:
Q1 ------» $ 69,7 X 4 = $ 278,8 M
Most probably ALA could improved LPG exportation during the the H2
Very good number indeed !
========================================================
rfguysd wrote: Crystal 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