Monroe Gas Storage Co. LLC is holding a binding open season through June 13 for up to 3.3 Bcf of firm, high-deliverability capacity at its proposed facility in Amory, MS.

The facility will use a depleted gas reservoir to provide multi-cycle storage with a maximum injection capability of 445 MMcf/d and a maximum withdrawal capability of 465 MMcf/d. The project will have dual interconnections to Texas Eastern Transmission Co. in the M1 market zone and to Tennessee Gas Pipeline into the 500 Leg in Zone 1. Monroe said it expects the facility to be in full service by April 1, 2009.

Monroe will offer customers firm service and market-based rates under a FERC-approved tariff. Denver-based Monroe is a joint venture of Foothills Energy Ventures LLC and High Sierra Energy LP.

The Federal Energy Regulatory Commission approved the facility last December (see Daily GPI, Dec. 21, 2007). The Monroe project was first announced in the spring (see Daily GPI, May 30, 2007).

Contact Kevin Legg at (303) 951-4280 or klegg@foothillsenergy.com to obtain a bid package.

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