Ridley Island Energy Export Facility

Welcome to the website for the Ridley Island Energy Export Facility (REEF), formerly known as the Vopak Pacific Canada Project. The REEF Project will include the construction and operation of a bulk liquids storage facility, including a new jetty in British Columbia, Canada. The Project will be built and managed day-to-day through a joint venture partnership between AltaGas and Vopak, with AltaGas as the lead.

Project Update

AltaGas and Vopak reach positive FID on REEF

May 29, 2024

We are excited to announce a positive final investment decision (FID) on the Ridley Island Energy Export Facility (REEF) project, a 50/50 joint venture with Royal Vopak.

We are anticipating the project will cost $1.35 billion and be in service by late 2026.

REEF will contribute to British Columbia’s export advantage to markets in Asia. AltaGas and Vopak have a strong connection as joint venture partners, in a relationship that has grown since their earlier partnership to develop the nearby Ridley Island Propane Export Terminal (RIPET), which has been in operation since 2019.

A Final Investment Decision (FID) is expected for REEF in the first half of 2024.

For the latest REEF news, see the Project Updates section in Resources.

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© 2024 Ridley Island Energy Export Facility Limited Partnership. All Rights Reserved.   |   Last update: 2024_05_29