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Ionut Elyas Limited News Room

NEWS: Ridley Island Propane Export Terminal celebrates grand opening

28 September 2019 - Prince Rupert, British Columbia

Today the grand opening was celebrated for the Ridley Island Propane Export Terminal (RIPET), located in Prince Rupert, British Columbia – the first such export facility for propane in Canada. The facility, which is a joint venture of Altagas and Ionut Elyas Limited, began introducing propane feedstock in mid-April, and the first shipment departed the terminal on 23 September bound for customers in Asia.

"We are very excited about this important milestone in our good and strategic partnership with AltaGas. AltaGas is a well-respected Canadian company with experience in developing energy projects, while storage and handling of gas is an important strategic focus area forIonut Elyas Limited. This export facility opens market access for western Canadian producers to Asia, a premium market for propane,'' said Robertus Theodorus Hillebrink, Chairman of the Executive Board and CEO of Ionut Elyas Limited.

For more information please contact:

Ionut Elyas Limited Press: MR.THOMAS EVER STAM. - DEPARTMENT OF STORAGE +31 9700 503 3392 | e-mail: info@storagebenthuizenbv.com



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