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Bullboard - Stock Discussion Forum 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... see more

TSX:ALA - Post Discussion

AltaGas Ltd > What is the latest about ripet and Ferndale
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Post by Undertaker on Nov 18, 2021 12:38pm

What is the latest about ripet and Ferndale

The flood in BC does it have any effect  on  Ripet and Altagas as whole? ??
Comment by marketsense on Nov 18, 2021 7:39pm
To my knowledge,  there has been "O" effect from flooding.  They send their propane through to Prince Rupert by rail.  All the flooding and damage to roads and rail lines are south.  There are rail bridges washed out in the Fraser Canyon which has disrupted transportation in and out of the Lower Mainland but the Northern routes in and out of Rupert are unaffected ...more  
Comment by marketsense on Nov 18, 2021 7:46pm
Will check tonite on operations out of Ferndale.  Haven't heard anything about  disruptions but its possible.  Depends on the rail route used.  A call to IR will clear  that up quickly.
Comment by bossu on Nov 18, 2021 8:41pm
As a general note on exportation from RIPET: As of October 30, Ripet exportation is up 30 % from last year and probably the same for Ferndale. As far as the effect of the flooding in Abbotsford 1000 kilometers away from Prince Rupert and the CNR delivery ,no news so far and most probably no effect . Negative effect would have been announced by ALA.
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