Ridley Island Propane Export Terminal
Prince Rupert, BC
Location
Up to 1.2 million tonnes
Capacity
Yes
Operator
Propane
Fuel Type
AltaGas’ Ridley Island Propane Export Terminal (RIPET), Canada’s first propane export facility, is located on a 24-acre brownfield site approximately 10 km south of Prince Rupert, British Columbia.
The terminal leverages CN’s existing railway network, and the deepest harbour in North America to offer Canada’s natural gas producers direct access to international markets and a 15-day shipping advantage vs. the U.S. Gulf Coast.
With RIPET being the closest North American LPG terminal to Asia, it allows Canadian natural gas and propane producers and aggregators to diversify their market access to Asia, a premium market for propane. RIPET is capable of storing 600,000 Bbls of propane or 1.2 million tonnes of propane per year. AltaGas expects to increase throughput from RIPET as it builds on the operational capabilities and global counterparty networks for RIPET. In 2020, the Canada Energy Regulator granted AltaGas an additional 25 year license to export up to 46,000 Bbls/d of propane to North American and global markets from RIPET, bringing the aggregate propane export capacity under 25 year export licenses to 92,000 Bbls/d.
The terminal offloads approximately 50 to 60 rail cars of liquid propane from B.C. and Alberta each day. It transfers the propane to intermediate pressurized storage bullets and then cools it so that it can be stored and shipped at atmospheric pressure. Chilled propane is then loaded onto Very Large Gas Carriers (VLGC) and delivered to global markets through approximately 20 to 30 marine transport shipments per year.
How it Works
Overview
AltaGas’ Ridley Island Propane Export Terminal (RIPET), Canada’s first propane export facility, is located on a 24-acre brownfield site approximately 10 km south of Prince Rupert, British Columbia.
The terminal leverages CN’s existing railway network, and the deepest harbour in North America to offer Canada’s natural gas producers direct access to international markets and a 15-day shipping advantage vs. the U.S. Gulf Coast.
With RIPET being the closest North American LPG terminal to Asia, it allows Canadian natural gas and propane producers and aggregators to diversify their market access to Asia, a premium market for propane. RIPET is capable of storing 600,000 Bbls of propane or 1.2 million tonnes of propane per year. AltaGas expects to increase throughput from RIPET as it builds on the operational capabilities and global counterparty networks for RIPET. In 2020, the Canada Energy Regulator granted AltaGas an additional 25 year license to export up to 46,000 Bbls/d of propane to North American and global markets from RIPET, bringing the aggregate propane export capacity under 25 year export licenses to 92,000 Bbls/d.
The terminal offloads approximately 50 to 60 rail cars of liquid propane from B.C. and Alberta each day. It transfers the propane to intermediate pressurized storage bullets and then cools it so that it can be stored and shipped at atmospheric pressure. Chilled propane is then loaded onto Very Large Gas Carriers (VLGC) and delivered to global markets through approximately 20 to 30 marine transport shipments per year.
How it Works