AltaGas Ltd T.ALA

RE:Information on ALA exportation

[GunnerG]

Go and pump your Bir holdings elsewhere.

Strange that BIR makes no mention of Japan or JKM in their presentation nor their financial statements.

The "tonnage" you mention is for the Trigon Pacifdic Terminal only (aka Ripet).  The 100,000 "barrels" per day is ALA for both Trigon and Ferndale.  The 175,000 bpd requires additional capex which has not been approved as far as I know.

Is it possible after ALA processes the BIR ng that ALA then purchases the LPG from ALA at north american prices? hmmm 

bossu wrote:

For informarion in a note to Max a Bir shareholder........................

Hey Max ,
Congrat with your holding in Bir and your patience !
No doubt in my mind that the reward is great and your view  deserve many'' tumbs up''
However strange that you are not mentionning that Bir is already a Nat Gas exporter in Japan  through ALA that ship the nat gas as liquid propane after fractionation process  where the tonnage is 1 158 571 tons at the  end of August and an increase of 18%so far  this year .
Projection from ALA is 100 000 barrels/day at the end of 2022 and projection is 175 000 barrels/day in 2026 so a big potential coming forward.

Modest exportation but active  through ALA and demand to increase from the Japanese market.

Hang on !