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Canada's AltaGas Sets Aim for Propane Exports to Asia

Canada

SUGAR LAND--October 21, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's AltaGas Limited (TSX:ALA) (Calgary, Alberta) received approval this week from the National Energy Board (NEB) to export up to 1.3 million tons per year of propane, company officials said Thursday. The gas and power company reported C$46 million ($35 million) in net income, up from $C20 million ($15 million) in third-quarter 2015. Industrial Info is tracking 21 active AltaGas projects worth $1.54 billion.