Gulfstream Natural Gas System LLC will hold an open season from June 1 to Aug. 31 to gauge interest in an expansion of its existing pipeline system to serve Florida's expanding market, the company said Thursday.
New service from the mainline expansion is anticipated to be available beginning in late 2011, pending Federal Energy Regulatory Commission and other agency approvals.
"The Florida natural gas market continues to experience robust growth at rates far above the national average," said Brad Reese, Gulfstream vice president. "We expect this growth will continue through the next decade. Gulfstream will be fully subscribed in 2009 and this mainline expansion will provide our customers with an opportunity to address their future energy needs with flexible, reliable transportation services for 2011 and beyond."
Up to 750,000 Dth/d of incremental firm transportation service will be made available.
"We have planned this expansion to offer our customers the flexibility needed to meet their service requirements," Reese said.
Additional open season details will be available on Gulfstream's website at www.1line.gulfstreamgas.com starting June 1. Shippers desiring to secure capacity will be required to submit a nonbinding nomination and a refundable deposit.
Placed into service in May 2002, Gulfstream Natural Gas System is a 691-mile pipeline with the capacity to deliver 1.1 Bcf/d to Florida. The pipeline is a joint development of Williams and Spectra Energy.
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