Cardinal Gas Storage Partners Plans Natural Gas Storage Facility Near Perryville/Delhi Hub

January 2012, Vol. 239 No. 1

An aerial view of Shreveport, LA, in the Haynesville area. Photo: Ken Lund.

Cardinal Gas Storage Partners LLC said its wholly owned interstate natural gas storage subsidiary, Cadeville Gas Storage LLC, has executed a ten-year Precedent Agreement with Shell Energy North America, L.P. to construct a depleted reservoir storage facility in Ouachita Parish, LA near the Perryville/Delhi Hub in northeast Louisiana.

The storage facility is expected to be in service in 2013 and is designed to have 17 Bcf of working gas capacity.

"This further demonstrates the need for additional natural gas storage capacity in strategic locations, such as north Louisiana, especially in and around the Haynesville Shale to Perryville corridor," said Jeff Ballew, president and CEO of Cardinal.