Thursday, April 26, 2018

AltaGas on track with LPG terminal construction, secures 75 percent of supply for export capacity

Everything is on track when it comes
to the progress of the AltaGas LPG
Terminal at Ridley Island
The latest update from the Alberta energy provider AltaGas provides a bit more positive news for their Prince Rupert Terminal development, with the company releasing its First Quarter results today and with the financial review, the company includes a few notes related to their export facility at Ridley Island.

As part of today's report, AltaGas has announced that they have secured close to 75 percent of the propane required for their export capacity at the Ridley Island Export Terminal.

The update also notes that the construction of the facility remains on-time and on-budget, with the timeline for the project still heading towards a start up in the first quarter of 2019.

The full report from the first quarter can be reviewed here.

The latest update from AltaGas related to their work in Prince Rupert is available on their website here.

For more of our notes on the ongoing progress for the LPG terminal at Ridley, as well as the proposed facility at Watson Island see our archive pages here.

To return to the most recent blog posting of the day, click here.

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