AltaGas to make use of Ridley facility to deliver push on company's export strategy

The AltaGas Ridley Island Gas Export Terminal in Prince Rupert
(photo from AltaGas)

The Alberta based energy company AltaGas is looking towards its Prince Rupert terminal to help deliver on its ambitions for an increased Export delivery strategy; with the company making note of their North Coast infrastructure as part of there year end review.

The notes on Prince Rupert came as part of the 2020  review of the AltaGas assets and how they will work towards export ambitions for the year ahead.

Our Midstream platform, bolstered by our increased ownership and taking operational responsibility of Petrogas, along with our RIPET export facility, position us to realize the value of a robust Asian market with continued strength in end market demand.

The Report from President and CEO Randy Crawford also noted that the company hopes to make significant progress on their operational and logistical capabilities at RIPET, which indicates plans to increase the use of the export potential of their Ridley Island terminal in the year ahead.

In 2021 AltaGas expects to continue to advance its Midstream and energy export strategy and grow its combined LPG export capacity through the integration and optimization of the RIPET and Ferndale LPG export terminals.

In August of 2020, AtlaGas received approval for a new export licence that would see total export capacity of 92,0000 barrels per day out of the Prince Rupert terminal.

You can review the full statement from AltaGas here.

For more notes related to the Ridley Island Export Terminal see our archive page here.