Ferndale terminal, which is a storage and distribution facility for bulk shipments of propane, butane and iso-butane (LPG), provides a strong fit for AltaGas and Idemitsu Kosan, who recently acquired interests in Petrogas.
The terminal can handle exports and imports of about 30,000 barrels a day of LPG and has facilities to handle and supply propane to the regional market for US domestic consumption.
The terminal, along with rail, truck and pipeline capability, has also been connected with two local refineries offering LPG balancing services.
Petrogas Energy CEO Stanley Owerko said the recent market and logistical developments have led many Western Canadian producers to seek alternative outlets for their production.
"The Cochin Pipeline, originating in Edmonton, Alberta and terminating in Sarnia, Ontario has been a strategic outlet for Western Canadian propane production since the 1970s, having the capability to handle up to 50,000 barrels a day of propane," Owerko added.
