MoBay Storage Hub LLC, has launched an open season for up to 8.0 Bcf of firm natural gas storage service. Bids are due by 5 p.m. CST on February 2, 2010.
Located in southern Alabama, MoBay’s natural gas storage hub project will have access to multiple gas supplies originating from shale plays in Texas, Oklahoma, and Louisiana, as well as traditional Gulf Coast gas supplies and LNG. From its position as the most easterly gas storage facility on the Gulf Coast, MoBay will provide access to over 4.0 Bcfd of pipeline take-away capacity serving the Florida, Southeast, Mid-Atlantic and Northeast markets.
The pipeline interconnects include: Gulfstream, Gulf South Pipeline, Southeast Supply Header, Florida Gas Transmission (Zone 3) and Transco Pipeline (Zone 4A). MoBay is the only storage facility with interconnections to the two main pipelines serving the State of Florida.
“The market has been anxiously awaiting the start-up of the MoBay Storage Hub project, and we are pleased to announce that the pieces are in place to commence construction during the first quarter of 2010,” said MoBay Storage Hub President Jim Goetz.
Construction of the MoBay project is set to start in March 2010. Scheduled for commercial operation by June 2011, the facility will provide 50 Bcf of high-deliverability, multi-cycle (HDMC) gas storage capacity with 1.0 Bcfd of withdrawal and injection capacity.
For specific MoBay open season bidding instructions, interested parties should contact MoBay Marketing vice president John Holcomb at jholcomb@falcongasstorage.com or commercial analyst Meagan Schaffner at mschaffner@falcongasstorage.com.
MoBay Storage Hub LLC, is affiliated through parent company MoBay Storage Holdings LLC, with Houston-based Falcon Gas Storage Co.