Globally Connected Infrastructure
(MBbl/d)
Canadian Midstream Set-up is Compelling
Rising WCSB Production and Global Connectivity Underpin Strong Multi-year Growth Trajectory
WCSB NGL Supply Growth (2020-2030)
Asian LPG Demand (2015-2050)
2000
1500
1000
500
(MMBbl/d)
7.00
China
India
6.00
Japan
South Korea
5.00
Indonesia
Other Asia
4.00
3.00
2.00
1.00
0
0.00
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
2030
15
20
25
30
35
40
45
50
Canadian NGL supply expected to rise by ~500 MBbls/d
through 2030 - while North America demand will be flat.
Growing WCSB NGLS require additional market access.
Asian LPG demand is expected to grow through 2050, led
by China and India. Asia's growing LPG import needs will
drive higher calls on Canadian exports.
Sources: Wood Mackenzie; Refinitiv/Reuters; Notes: 1) LPG includes propane and butane; *See "Forward-looking Information"
AltaGas
Rising Domestic Supply and Rising Global Demand Underpin Compelling Investment Thesis
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