Asia, US help Canada reach propane export record
May 24, 2025 By LP Gas
Canada’s propane exports reached record highs in 2024 as new marine export terminals have helped transport propane to international destinations.
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Canada’s propane exports reached record highs in 2024 as new marine export terminals have helped transport propane to international destinations.
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AltaGas reached a positive final investment decision with Royal Vopak on the Ridley Island Energy Export Facility, a large-scale LPG and bulk liquids terminal.
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AltaGas says it is strengthening its midstream value chain by agreeing to acquire Tidewater’s Pipestone natural gas processing and storage assets.
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Royal Vopak and AltaGas Ltd. are partnering on a new 50/50 joint venture to further evaluate development of the Ridley Island Energy Export Facility.
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The retail propane community was once a prominent component of the overall domestic demand picture, but the shale boom created other demand options.
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AltaGas and Idemitsu will assume full ownership of Petrogas, one of the largest privately held midstream and logistics companies in North America with operations dating back to 1986.
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Propane retailers have had a lot to unpack coming out of the winter heating season and preparing for the next. It’s that preparation for the 2020-21 winter that has received much of the attention from energy market analysts.
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The facility began introducing propane feedstock in mid-April 2019, and the first shipment departed the terminal on May 23, 2019, bound for Asia.
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Strong natural gas liquids production in western Canada over the past two years has underscored the need for Canadian producers to seek demand outlets, particularly for propane.
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AltaGas says it has about 75 percent of its supply secured for the Canadian Ridley Island Propane Export Terminal.
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