Floridian Natural Gas Storage Granted Order to Reduce LNG Storage, Sendout Capacity

FERC issued an order granting Floridian Natural Gas Storage Company’s request to modify the previously authorized proposed Phase 1 LNG storage facilities near Indiantown, Fla. by substituting a 1 Bcf single-containment LNG storage tank for the previously authorized 4 Bcf full-containment tank and reducing the associated Phase 1 vaporization capacity or sendout capacity from 400 MMcf/day to 100 MMcf/day.  Floridian requested the scale back of Phase 1 of its project due to a changed natural gas market.  No modifications were proposed to the previously authorized Phase 2 facilities which would increase LNG storage capacity by 4 Bcf and sendout capacity by 400 MMcf/day.


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