The Jordan Cove facility, which is owned by Veresen Inc., will include two 160,000-cubic-meter, full-containment LNG storage tanks and marine facilities to berth and load approximately 90 LNG transport ships per year.
The company’s economic analysis of the proposals for additional natural gas transportation capacity determined that these two projects will save Florida Power & Light Co.'s customers almost $600 million compared with other proposals.
During the supplemental open commitment period, which will close September 6, Enterprise will accept aggregate long-term commitments for up to 37,000 barrels per day of diluent transportation capacity.
The company signed a long-term agreement to facilitate the distribution of crude oil from the Bakken formation as well as West Canadian oil fields through storage, throughput and loading services on railcars that can travel to refineries in the U.S. East, West and Gulf Coasts.
The conclusion of the successful open season confirmed strong market support for a pipeline with approximately 900,000 bbl. per day of firm, long-term contracts to transport crude oil from western Canada to eastern Canadian refineries and export terminals.
Enterprise Products Partners LP commenced a binding open season to seek shipper support for a proposed expansion of the portion of its Panola Pipeline Company LLC natural gas liquids (NGL) system between Carthage and Lufkin, Texas.