NGS Energy Signs Exclusivity Agreement, Considers Entrance into Arizona Natural Gas Storage Market
“The growth in the
“The Picacho salt basin will be developed into a highly cyclable gas storage asset that could provide
NGS estimates the current acreage position could result in a 20 Bcf storage facility and will utilize above ground evaporation ponds. FERC filings will occur this summer with operations slated for Summer 2012.
“NGS’ background in developing storage assets will only further the speed with which the project can be brought to a market with an immediate need. NGS’ experience will ensure that the asset is developed by an experienced group in the swiftest timeframe,” commented
Any interest or inquiries can be directed to NGS at 203-557-1000.
NGS Energy LP has assembled a portfolio of highly flexible gas storage assets throughout
El Paso Corporation provides natural gas and related energy products in a safe, efficient, and dependable manner. The company owns
SOURCE NGS Energy LP