AltaGas Raised the Year on LPG Cargoes. REEF Slipped to Early 2027 and Cost More
On July 30 AltaGas lifted 2026 normalized EBITDA to $2.0 billion to $2.1 billion after a record 144,420 barrels a day of LPG exports. REEF is about 85 percent complete. The partnership raised the project to about $1.5 billion and pushed commercial operations into the first quarter of 2027.