ENSTOR is conducting a non-binding open season from March 1 through March 12, 2010 for the 16 billion-cubic-feet (Bcf)-Phase I, of its Houston Hub Project, currently under development approximately 30 miles northeast of Houston, Texas.
"Our analysis shows Houston Hub is ideally situated to gain full utility from the shift in natural gas supply dynamics including growing shale production, planned LNG imports and Houston Ship Channel demand," said Kay Atchison, ENSTOR's director of marketing.
The Federal Energy Regulatory Commission (FERC) issued ENSTOR its Certificate in April 2008 to construct and operate a high-deliverability, multi-cycle salt dome natural gas storage facility on the North Dayton Dome in the Texas Gulf Coast providing for an ultimate capacity of 30 Bcf of working gas with pipeline interconnects with Natural Gas Pipeline Company of America (NGPL) (400,000/d) and Transcontinental Gas Pipeline Corporation (Transco) (400,000/d), with an in-service date of 2012.
ENSTOR will begin accepting non-binding bids for firm storage capacity at Houston Hub beginning Monday, March 1, 2010. All bids will be due by 5:00 p.m. Central time on Friday, March 12, 2010.
For details, parties interested in bidding should contact Kay Atchison at kay.atchison@enstorinc.com or (281) 374-3075.
Additional interconnects in the planning phase, and subject to additional FERC approval, are Trunkline Gas Company, Energy Transfer-Houston Pipeline, and Kinder Morgan-Texas. Upon completion, and after prior approval by state regulatory agencies and FERC on ENSTOR's plans to add to the project scope, including a revision to the in-service date of June 2013 (Phase I) and April 2015 (Phase II), respectively, the facility will have up to five pipeline interconnects, a maximum daily deliverability of up to 1 Bcf, and will operate as a header system enabling customers to capture value between the various pipelines.
Houston Hub is strategically located to benefit markets that are also served by pipelines currently connected with ENSTOR's Katy Gas Storage Facility.
Contacts:
Iberdrola Renewables/ENSTOR
Anita Marks, 503-796-6998