In a partnership with Petrogas Energy, ATCO Energy Solutions plans to develop 4 salt caverns, with a capacity to store 400,000mł of propane, butane and ethylene. This is part of the companies' plan to offer natural gas liquids (NGL) market in western Canada with alternative for hydrocarbon storage. The storage facility is located at ATCO's Heartland Energy Centre near Fort Saskatchewan.
ATCO Energy Solutions president Patrick Creaghan said: "ATCO Energy Solutions and Petrogas bring proven expertise in the development, operation, and management of large scale hydrocarbon facilities. The location and in-service date of this storage facility have been strategically selected to help customers solve the logistical challenges that restrict moving NGL product to market.”
This facility will be linked to Petrogas' existing Fort Saskatchewan hydrocarbon truck and rail terminal, which receives and distributes several products in the marketplace. Petrogas Energy president and CEO said: "This development will provide a unique market option and establish enhanced storage services to Alberta's Industrial Heartland. "The Petrogas terminal is undergoing expansion to accommodate this storage initiative and provide additional throughput and distribution capacity.”
This project supports the movement of increasing volumes of Western Canadian LPG production to traditional North American markets as key International export markets through Petrogas' West Coast LPG export terminal at Ferndale. Currently, cavern drilling and long lead procurement are underway for the facility, which will be constructed and operated by ATCO Energy Solutions. The companies plan to begin commercial operation for two caverns by the second quarter of 2016. Another 2 caverns are expected to be completed by the 2Q of 2017.
ATCO Energy Solutions president Patrick Creaghan said: "ATCO Energy Solutions and Petrogas bring proven expertise in the development, operation, and management of large scale hydrocarbon facilities. The location and in-service date of this storage facility have been strategically selected to help customers solve the logistical challenges that restrict moving NGL product to market.”
This facility will be linked to Petrogas' existing Fort Saskatchewan hydrocarbon truck and rail terminal, which receives and distributes several products in the marketplace. Petrogas Energy president and CEO said: "This development will provide a unique market option and establish enhanced storage services to Alberta's Industrial Heartland. "The Petrogas terminal is undergoing expansion to accommodate this storage initiative and provide additional throughput and distribution capacity.”
This project supports the movement of increasing volumes of Western Canadian LPG production to traditional North American markets as key International export markets through Petrogas' West Coast LPG export terminal at Ferndale. Currently, cavern drilling and long lead procurement are underway for the facility, which will be constructed and operated by ATCO Energy Solutions. The companies plan to begin commercial operation for two caverns by the second quarter of 2016. Another 2 caverns are expected to be completed by the 2Q of 2017.