Vopak and AltaGas to jointly invest in Propane Export Terminal in Canada

Royal Vopak and AltaGas Ltd. (AltaGas) announced today that they have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada.The project is to be designed to ship 1.2 million tonnes of propane per annum, with approximately 96,000 cubic meters of storage capacity. The facility is expected to be commissioned in Q1 2019. …. [Persbericht]