Articles for NGS

Inergy to Acquire Tres Palacios Natural Gas Storage Facility Expands Natural Gas Storage Operations; Establishes New Midstream Market Platform KANSAS CITY, Mo., Sep 07, 2010 (BUSINESS WIRE) -- Inergy, L.P.(NYSE:NRGY) ("Inergy") announced today that its wholly owned subsidiary, Inergy Midstream, LLC, has executed a definitive agreement to purchase Tres Palacios Gas Storage LLC, the owner of the Tres ...

Tres Palacios ICE Hub Pooling Point

NGI's Daily Gas Price Index published : July 24, 2009 Tres Palacios Gets OK to Put Header System in Service FERC Thursday approved a request of Tres Palacios Gas Storage LLC, a subsidiary of Westport, CT-based NGS Investments LP, to place its entire storage header system in Texas in service. Steckman Ridge LP, a joint venture of Spectra Energy and New Jersey Resources, also received a green light to place three storage wells and three lateral lines in service in Bedford County, PA, ...

October 1, 2008--Tres Palacios Gas Storage LLC (Tres Palacios), a wholly owned subsidiary of NGS Energy, L.P., is pleased to announce that on October 1st, the gas storage facility has started commercial operation. The project is in operations exactly one year from receipt of the FERC authorization to commence construction and has been completed on budget. The highly interconnected and flexible FERC regulated facility is located in Matagorda County, Texas and has started allowing anchor ...

Westport CT/ July 28, 2008/ Tres Palacios Gas Storage LLC, a wholly owned subsidiary of Westport, CT based NGS Energy LP announced today that an open season for capacity will be held Monday, July 28 through Thursday, September 4, 2008. 1 BCF of Firm Storage Service (FSS) at the new high performance salt dome storage facility located in Matagorda County, Texas will be awarded to credit worthy bidders at or above the set minimum bidding requirements. The FSS is available to begin on April ...

Westport CT/ July 17, 2008/ Tres Palacios Gas Storage LLC, a wholly owned subsidiary of Westport, CT based NGS Energy LP announced today the successful completion of Mechanical Integrity Testing (MIT) on its first of three natural gas storage caverns in Matagorda County, Texas. Facility construction has been underway since November 2007 when the Project received the necessary regulatory approvals from the Federal Energy Regulatory Commission. The Mechanical Integrity Test is a critical ...

(The following statement was released by the ratings agency) Jan 24 - Moody's Investors Service assigned a B1 corporate family rating (CFR) to Tres Palacios Gas Storage, LLC (TGPS) and B1 ratings to its proposed $100 million senior secured term loan, $285 million senior secured construction loan and $50 million senior secured revolving loan. The outlook is stable. The ratings are subject to a review of the final executed documents. Pete Speer, Moody's Vice-President/Senior Analyst ...

WESTPORT, Conn., Sept. 21 /PRNewswire-USNewswire/ -- NGS Energy Fund, LP announced today that its wholly owned subsidiary, Tres Palacios Gas Storage LLC, has received its Certificate of Public Convenience and Necessity from the Federal Energy Regulatory Commission for its natural gas salt storage project located in Matagorda County, Texas. The Project is planned to commence construction in October and will be fully developed in 2010, offering 36 Bcf of high deliverability working gas ...

Platts- Gas Daily February 28, 2007 NGS Energy seeks FERC approval for salt-dome storage facility in Texas NGS Energy Fund has asked the Federal Energy Regulatory Commission for permission to build a high deliverability salt-dome gas storage facility along the Gulf Coast of Texas. Tres Palacios Gas Storage would be located in Matagorda County, Texas, in a solution-mined structure previously used for brine production. The project includes the conversion of three storage caverns with ...