Wabash Gas Storage LLC is holding a nonbinding open season through Dec. 10 for capacity at its facility under development south of the Joliet, IL, Hub. The company is redeveloping a site previously used for seasonal gas storage.
The project is projected to have working capacity of at least 12 Bcf. Injection and withdrawal capacity is expected to be 200,000 MMBtu/d. Services are expected to become available in spring 2013. Wabash is a holding of private equity fund TPF II LP, which is managed by Tenaska Capital Management.
The facility is being developed in eastern Illinois, 2.8 miles from the Midwestern Gas Transmission Co. pipeline's Paris, IL, compressor station (CS 2115). It will be a Federal Energy Regulatory Commission-regulated facility.
"Wabash's location along a header pipeline provides important access to a large, diverse customer base," said Dan Lonergan, a Tenaska Capital Management LLC senior managing director. "Through Midwestern, our customers will have access to 13 major interstate pipelines that provide access to markets throughout the Midwest, Gulf Coast, Ohio Valley and the Northeast."
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