Ridley Island Propane Export Terminal

Overview

Ridley Island Propane Export Terminal
AltaGas facility rendering
land tenure map

Prince Rupert, BC

Location

Up to 1.2 million tonnes

Capacity

Yes

Operator

Propane

Fuel Type

On January 3, 2017 AltaGas announced a Final Investment Decision on the Ridley Island Propane Export Terminal. The Project is expected to be the first propane export terminal on Canada’s west coast.

The decision was made following a Determination Decision from federal regulators; Ridley Terminals Inc., the Prince Rupert Port Authority and Transport Canada that in accordance with the requirements of Section 67 of the Canadian Environmental Assessment Act, 2012, the Project is not likely to have any significant environmental effects within the meaning of CEAA, allowing the Project to proceed.

AltaGas has executed long-term agreements securing land tenure along with rail and marine infrastructure on Ridley Island and will proceed with the construction, ownership and operation of the Terminal.

The Ridley Island Propane Export Terminal will be designed to ship up to 1.2 million tonnes of propane per year. The Project is located on Ridley Island near Prince Rupert, British Columbia, on a section of land leased by Ridley Terminals Inc. from the Prince Rupert Port Authority. The brownfield site has a history of industrial development and benefits from excellent railway access and a world class marine jetty with deep water access to the Pacific Ocean.

Propane from British Columbia and Alberta natural gas producers will be transported to the Facility using the existing CN rail network. It is estimated that the proposed Facility will offload approximately 50 to 60 rail cars per day and deliver by marine transport approximately 20 to 30 cargos of propane per year to market.

The Terminal is estimated to cost between $450 million and $500 million.

Construction is expected to begin in 2017 and the Terminal is expected to be in service by the first quarter of 2019.

Project Benefits

  • Provide new market access for Western Canadian propane producers to Asia, a premium market for propane.
  • Contribute to national trade and enrich Canadian-international partnerships.
  • Diversify product and economic activity at Ridley Terminals.
  • Support long-term economic stability in the region and provide local employment opportunities.
  • Provide skills training and employment opportunities to local First Nations.
  • Lead to approximately 200 to 250 construction jobs and 40 to 50 permanent job opportunities once the facility is operational.

Permitting and Regulatory

  • The environmental aspects of the Project have been reviewed by federal authorities, under section 67 of the Canadian Environment Assessment Agency (CEAA) 2012.
  • On October 18, 2016, AltaGas was granted approval from the National Energy Board for a 25-year licence to export up to 1.35 million tonnes of propane per year.
  • The process of engaging and consulting with First Nations, communities, government, and environmental and regulatory authorities started in early 2016.

Contact Us:

If you have questions or would like to obtain more information about the project, please email us at: info.ridleypropane@altagas.ca

If you are interested in becoming a vendor for the Ridley Island Propane Export Terminal Project, click here.

News

Notice of Determination
View announcement

AltaGas announces positive FID on Canada’s First west coast propane export terminal
January 3, 2017

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that it has reached a positive Final Investment Decision (“FID”) on its Ridley Island Propane Export Terminal (“the Ridley Export Terminal”), having received approval from federal regulators. AltaGas has executed long-term agreements securing land tenure along with rail and marine infrastructure on Ridley Island and will proceed with the construction, ownership and operation of the Ridley Export Terminal. Read more.

AltaGas provides access to premium Asian markets for Canadian producers
May 24, 2016

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that its wholly owned subsidiary, AltaGas LPG Limited Partnership, has entered into a Memorandum of Understanding (the “Agreement”) with Astomos Energy Corporation (“Astomos”) setting out key commercial terms for the sale and purchase of Liquefied Petroleum Gas (“LPG”) from the proposed Ridley Island Propane Export Terminal (the “Export Terminal”). The Export Terminal provides AltaGas’ customers with the opportunity to realize incremental value through access to Asian markets and pricing for western Canadian propane. Read more.

AltaGas advances its Canadian west coast propane export facility
January 20, 2016

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that a sublease and related agreements have been signed with Ridley Terminals Inc. (“Ridley Terminals”) to develop, build, own and operate the proposed Ridley Island Propane Export Terminal (the “Facility”), to be located on Ridley Island near Prince Rupert, British Columbia on a portion of lands leased by Ridley Terminals from the Prince Rupert Port Authority (the “Port”). The agreements are an important first step for beginning the regulatory and engagement phases of the project. Read more.

Details

On January 3, 2017 AltaGas announced a Final Investment Decision on the Ridley Island Propane Export Terminal. The Project is expected to be the first propane export terminal on Canada’s west coast.

The decision was made following a Determination Decision from federal regulators; Ridley Terminals Inc., the Prince Rupert Port Authority and Transport Canada that in accordance with the requirements of Section 67 of the Canadian Environmental Assessment Act, 2012, the Project is not likely to have any significant environmental effects within the meaning of CEAA, allowing the Project to proceed.

AltaGas has executed long-term agreements securing land tenure along with rail and marine infrastructure on Ridley Island and will proceed with the construction, ownership and operation of the Terminal.

The Ridley Island Propane Export Terminal will be designed to ship up to 1.2 million tonnes of propane per year. The Project is located on Ridley Island near Prince Rupert, British Columbia, on a section of land leased by Ridley Terminals Inc. from the Prince Rupert Port Authority. The brownfield site has a history of industrial development and benefits from excellent railway access and a world class marine jetty with deep water access to the Pacific Ocean.

Propane from British Columbia and Alberta natural gas producers will be transported to the Facility using the existing CN rail network. It is estimated that the proposed Facility will offload approximately 50 to 60 rail cars per day and deliver by marine transport approximately 20 to 30 cargos of propane per year to market.

The Terminal is estimated to cost between $450 million and $500 million.

Construction is expected to begin in 2017 and the Terminal is expected to be in service by the first quarter of 2019.

Project Benefits

  • Provide new market access for Western Canadian propane producers to Asia, a premium market for propane.
  • Contribute to national trade and enrich Canadian-international partnerships.
  • Diversify product and economic activity at Ridley Terminals.
  • Support long-term economic stability in the region and provide local employment opportunities.
  • Provide skills training and employment opportunities to local First Nations.
  • Lead to approximately 200 to 250 construction jobs and 40 to 50 permanent job opportunities once the facility is operational.

Permitting and Regulatory

  • The environmental aspects of the Project have been reviewed by federal authorities, under section 67 of the Canadian Environment Assessment Agency (CEAA) 2012.
  • On October 18, 2016, AltaGas was granted approval from the National Energy Board for a 25-year licence to export up to 1.35 million tonnes of propane per year.
  • The process of engaging and consulting with First Nations, communities, government, and environmental and regulatory authorities started in early 2016.

Contact Us:

If you have questions or would like to obtain more information about the project, please email us at: info.ridleypropane@altagas.ca

If you are interested in becoming a vendor for the Ridley Island Propane Export Terminal Project, click here.

Updates

News

Notice of Determination
View announcement

AltaGas announces positive FID on Canada’s First west coast propane export terminal
January 3, 2017

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that it has reached a positive Final Investment Decision (“FID”) on its Ridley Island Propane Export Terminal (“the Ridley Export Terminal”), having received approval from federal regulators. AltaGas has executed long-term agreements securing land tenure along with rail and marine infrastructure on Ridley Island and will proceed with the construction, ownership and operation of the Ridley Export Terminal. Read more.

AltaGas provides access to premium Asian markets for Canadian producers
May 24, 2016

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that its wholly owned subsidiary, AltaGas LPG Limited Partnership, has entered into a Memorandum of Understanding (the “Agreement”) with Astomos Energy Corporation (“Astomos”) setting out key commercial terms for the sale and purchase of Liquefied Petroleum Gas (“LPG”) from the proposed Ridley Island Propane Export Terminal (the “Export Terminal”). The Export Terminal provides AltaGas’ customers with the opportunity to realize incremental value through access to Asian markets and pricing for western Canadian propane. Read more.

AltaGas advances its Canadian west coast propane export facility
January 20, 2016

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that a sublease and related agreements have been signed with Ridley Terminals Inc. (“Ridley Terminals”) to develop, build, own and operate the proposed Ridley Island Propane Export Terminal (the “Facility”), to be located on Ridley Island near Prince Rupert, British Columbia on a portion of lands leased by Ridley Terminals from the Prince Rupert Port Authority (the “Port”). The agreements are an important first step for beginning the regulatory and engagement phases of the project. Read more.