AltaGas Ltd T.ALA

Some personal notes from ALA successful journey from 2018...

[bossu]

Personal note at the time ALA was going to begin the operation (2018)

RIPET is the cornerstone asset of AltaGas integrated value chain and of our                              Altagas Ripet $ 450/500 M
midstream strategy overall. RIPET is the first energy export terminal for propane off the West Coast of Canada and it will make a significant contribution to international trade and support long-term production growth and prosperity in Northeast BC and Alberta.and RIPET asset is a high value option for Canadian producers. The resulting growth opportunities along our integrated value chain are expected to deliver strong cash flows and returns.
-We have all the supply secured for RIPET for the initial 40,000 barrels per day.
-For our Midstream segment, in the near term, our new assets in service drive EBITDA growth by 30% to 40% in 2019. And this is only a partial year for RIPET and towns in expansion in the Nig Creek Gas Plant. We see even more growth in the coming years as assets like the second train at North Pine come into service.
And a couple of years after they begin the  operation at RIPET, Ferdale was second LPG exportation terimnal and now an expansion: '' ALTAGAS AND VOPAK REACH POSITIVE FINAL INVESTMENT DECISION ON RIDLEY ISLAND ENERGY EXPORT FACILITY announced at the end of April .

So from the initial 40 000 b/day and based on the Q2 exporting number:

Q2 Number    From  RIPET      12 VLGC    76 000 B/D
                       From Ferndale     8  VLGC   47 000 
                                                                   123 000 B/D
                                                              or 492 000 B/D per year not includong the new number a the end of 2028 or so.
............................................................,Or a 12 Times more than anticipated !
in the coming 12 months

This is an example and a part of the growing ALA entity,

Just to say that ALA is a stock to have forever and this is what I told  to my daughter when I bought ALA in her TFSA account .

Still watching the market : 80 % cash with  a 5 %or so  interest.

Happy tradind all

[TimeBuilder1]

BOSSU Thank You for that = well done...Hope you are feeling MUCH better these days.   Sincere regards for ALL you do,  TimeBuilder

[Hunk33]

TO BOSSU  God be with you, We wish you all the best, THANKS  TO YOU FOR INFOME US THE GOOD NEWS.

[Hunk33]

TO BOSSU  God be with you, We wish you all the best, THANK  TO YOU FOR INFOME US THE GOOD NEWS.

[Podios2]

Thank you bossu appreciate the info