Texas Gas Storage Facility Approved by FERC
Posted on Jan 3, 2008 in Markets and Competition, Storage | Comments Off on Texas Gas Storage Facility Approved by FERC
FERC has approved a 12 Bcf gas storage facility called Golden Triangle, which Platts LNG Daily suggests could have implications for LNG. As designed, the project will have 12 Bcf storage capacity in two salt caverns but could be expanded to hold up to 16 Bcf of natural gas in each cavern. According to Platts LNG Daily [subscription required], commercial operations should begin in 2010...
Analysts Predict Large Storage Capacity Increase for U.S. Gulf Coast
Posted on Jan 2, 2008 in E&P, Markets and Competition, Storage | Comments Off on Analysts Predict Large Storage Capacity Increase for U.S. Gulf Coast
Several industry analysts told Platts LNG Daily last week that as much as 100 Bcf of storage capacity will be built in the U.S. Gulf Coast region over the next three years. However, one analyst added that such a large amount of storage capacity might not be needed for the region as gas production from the Gulf of Mexico is expected to decline by 2012. [Subscription...
Oregon LNG Extends Proposed Gas Pipeline
Posted on Dec 17, 2007 in Pipelines, Regas Terminals & Capacity, State and Local Issues, Storage | Comments Off on Oregon LNG Extends Proposed Gas Pipeline
The Hillsboro Argus (Ore.) reports that Oregon LNG has proposed a ten-mile extension to its gas line, connecting the LNG terminal to Northwest Natural’s existing South Mist Pipeline and storage facility. Due to this design change, Oregon LNG and its pipeline operation — now known as Oregon Pipeline — have scheduled two informational meetings to educate the public on...
Details Released for Florida Peak-Shaving LNG Proposal
Posted on Nov 19, 2007 in Federal Regulation, Storage | Comments Off on Details Released for Florida Peak-Shaving LNG Proposal
Speaking to a conference at Rice University in Houston, an official with Floridian Natural Gas Storage LLC said that the company hopes to receive FERC approval for its proposed LNG storage facility in May 2008 and to begin construction in the ensuing summer. Natural gas supplies will reach the facility via existing pipelines to be stored as LNG. Reuters reports that the $550 million ...
Yankee Gas Services Opens LNG Storage Facility
Posted on Nov 15, 2007 in Storage | Comments Off on Yankee Gas Services Opens LNG Storage Facility
Yankee Gas Services Co. officially opened its new LNG storage tank located in Waterbury, Conn. William Quinlan, a vice president of Yankee Gas, told the Waterbury Republican American that the 1.2 Bcf peak shaving facility was completed “on schedule and on...
Company Proposes Peakshaving LNG Storage Facility in Florida
Posted on Nov 9, 2007 in Federal Regulation, Storage | Comments Off on Company Proposes Peakshaving LNG Storage Facility in Florida
Floridian Natural Gas is seeking FERC approval to build an LNG storage facility in Florida to serve as a peakshaving plant. A source cited by Platts LNG Daily [subscription required] told the publication that the facility could both complement proposed LNG import terminals by storing gas imports and compete with them during peak volume periods. The Notice of Application is available on...