Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: tim443 Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 64132  
Subject: Altagas Date: 12/17/2012 8:51 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Looks like they bought that pipeline both cheap and with great timing. }};-D

I own a bunch.


AltaGas Ltd. grabs lead in LNG infrastructure race

'We do have the only pipeline' to the West Coast, CEO David Cornhill says
December 12, 2012

“Do you want to see what $6 billion looks like?” ...


Right now, the next opportunity is liquefied natural gas (LNG). The energy infrastructure company holds assets in natural gas processing facilities, pipelines and storage, power generation and utility distribution.


There are currently seven west coast LNG projects proposed or in development with a combined capacity of more than 10 billion cubic feet per day (bcf/d). Lance Mortlock, partner with Ernst & Young’s oil and gas practice in the Calgary office, figures four of those plants are probably feasible, but even those four might not all get built. “We’ve seen a lot of cost escalation in the past few months,” he says.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next


The Great Foolish North
Canadian social and off-topic banter.
Post of the Day:
Saul's Investing Discussions

Skyworks Mid-Quarter Review
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.