El Paso Corp. subsidiary ANR Pipeline Co. said Thursday that it has fully subscribed the company's existing storage capacity through the 2006-2007 withdrawal season. In addition, the company announced that it is extending its non-binding open season for expansion of storage and associated transportation service at the request of customers.
ANR's extended open season is for new storage and transportation capacity commencing operation in 2006, 2007, or 2008. The open season, originally scheduled to end on June 22, will now run until July 8. ANR said the storage capacity offered is designed to help customers manage seasonal price volatility and provide increased supply security.
"This strong response from our customers is further confirmation of the market's growing need for future storage services," said Steve Beasley, president of El Paso's Eastern Pipeline Group. "We believe ANR's proposed storage expansion and extensive delivery infrastructure is well-placed to meet these additional needs."
Just last week, ANR announced an open season to test market interest in a Wisconsin/Illinois 2007 Expansion Project, which could include expansion of its mainline and laterals in the states of Wisconsin and Illinois (see NGI, June 27).
ANR operates more than 10,500 miles of interstate natural gas pipeline and over 230 Bcf of storage fields, providing transportation, storage, and capacity-related services to customers in the United States and Canada.
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