The Gulf LNG regasification and LNG storage facility on the Gulf of Mexico began operations. The facility, co-owned by GE Energy Financial Services and El Paso Corp. (NYSE: EP), is located in Pascagoula, Miss., along the Gulf of Mexico adjacent to the Bayou Casotte Ship Channel in the Port of Pascagoula on the Gulf Coast.
The facility has two 160,000-cubic-meter storage tanks with a combined capacity of 6.6 billion cubic feet and has a base send-out capacity of 1.3 billion cubic feet per day. Gulf LNG is connected to pipelines ...