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---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/31/2000
02:29 PM --------------------------- Robert Brooks <rebrooks@earthlink.net< on 03/31/2000 02:03:33 PM Please respond to "rebrooks@rbac.com" <rebrooks@rbac.com< To: "'GPCM Distribution'" <rebrooks@rbac.com< cc: Subject: US Gas Storage Growth Huge Growth in Natural Gas Storage Tracked As the natural gas market approaches 30 Tcf per year, demand for natural gas storage capacity will rise exponentially. Although the snowball has just started rolling, current plans by natural storage operators will boost working capacity by 430 Bcf, or 10%, and will raise peak-day deliverability 11.8 Bcf per day, or 13.8%, according to a new survey by Intelligence Press. Intelligence Press' new multimedia research package provides a comprehensive look at all current activity on 458 storage fields with additional key information on 101 LNG facilities. Among them are 38 proposed natural gas storage fields and 15 storage expansion projects. Depleted fields capture the largest share of the proposed fields with 24, followed by aquifers with six, and salt domes and salt beds with four each. Altogether the proposed new fields account for about 329 Bcf in working capacity and 9.7 Bcf per day in deliverability. Proposed and potential expansions represent an increase of about 100.5 Bcf of working capacity and 2.1 Bcf per day in deliverability. But these projects are just the tip of the iceberg. Regulatory changes, shifting natural gas flows and increases in demand due to growth in the economy and particularly in natural gas fired power generation are expected to cause significant additional storage growth in the next decade. For more information go to: www.intelligencepress.com RBAC GPCM Natural Gas Market Forecasting System -----Original Message----- From: Enerfax Daily [SMTP:enerfax@fastband.com] Sent: Friday, March 31, 2000 1:52 AM To: **aaaenerfax Subject: Enerfax Daily (http://www.enerfax.com/) - ATT00002.htm
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