By OGJ editors
HOUSTON, June 22 -- El Paso Corp.'s Western Pipeline Group reported plans to develop a new underground natural gas storage facility near Eloy, Ariz.
Plans call for the Arizona Natural Gas Storage project to be built in a currently unincorporated area about 40 miles southeast of Phoenix.
The project could consist of four underground salt caverns capable of storing 3.5 bcf of gas. The facility would be able to deliver 350 MMcfd of gas.
El Paso expects to file an application for project approval with the US Federal Energy Regulatory Commission in the third quarter of 2007. Subject to regulatory approvals, construction could begin in 2008.
The company estimates the first cavern will be in service by mid-2010 and the remaining three caverns by 2011-12.