BIG STORAGE FACILITIES EYED IN TEXAS, LOUISIANA

Two large hydrocarbon storage facilities are planned in U.S. Gulf Coast states. Two Houston companies propose to construct a storage facility in Louisiana with more than 50 bcf of working gas capacity. And units of ARCO and Plains Resources have signed a letter of intent expected to lead to construction of a 600,000 bbl crude oil storage facility on the Houston ship channel. When it's complete late in 1993, the North Louisiana gas storage facility will tie into pipelines serving markets in

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