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Enterprise Offers 4 Bcf of High-Deliverability Storage at Petal

Enterprise Products Partners is holding an open season for storage capacity at its Petal salt dome in Petal, MS. The company is offering 1.65 Bcf of existing working gas capacity, on which the current holder has a right of first refusal, and another 2.35 Bcf of new working gas capacity that will be made available next July as part of an expansion project.

Enterprise said it plans to file an application soon with the Federal Energy Regulatory Commission for the expansion project, which will bring two existing natural gas liquids salt caverns into natural gas storage operations. The open season starts Wednesday and will end on Dec. 4 at 5 p.m. CST. Storage service from both the expansion and the existing storage capacity will be available on July 1, 2007.

The expansion will bring Petal's working gas capacity to 13.5 Bcf and will boost its deliverability by 235 MMcf/d to about 1.635 Bcf/d. Injection capacity will remain the same at about 700 MMcf/d.

Petal has bidirectional interconnections with Tennessee Gas, Gulf South, Hattiesburg Gas Storage, Transcontinental Gas Pipe Line, Southern Natural and Destin.

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