AltaGas Ltd. opened Canada's first propane export terminal on Ridley Island, about 10 minutes south of Prince Rupert, B.C. The Canadian energy company has its sights set on Asia, with a deal already in place with Japanese company Astomos Energy Corporation to buy at least half of its propane shipments each year. AltaGas plans to ship 1.2 million tonnes of propane annually to Asia. The Maple Gas arrives from Japan at the harbour outside of Prince Rupert. Work began on the approximately $500 million Ridley Island Propane Export Terminal in the spring of 2017.

Source: CBC News May 29, 2019 00:00 UTC