December 2011, Vol. 238 No. 12

In The News

LNG Terminal Begins Supplies On Gulf Coast Under Long-Term Contracts

GE Energy Financial Services said its co-owned Gulf LNG regasification and LNG storage facility on the Gulf of Mexico has begun operations. GE made the announcement at a ceremony at the facility in Pascagoula, MS, joined by Gov. Haley Barbour and executives of El Paso Corp. “After three and a half years of construction, this $1.1 billion facility was completed on-time and on-budget and forms an important part of our nation’s energy infrastructure,” said Dan Castagnola, a managing director of GE Energy Financial Services in Houston. The terminal, operated by a subsidiary of El Paso Corp., receives, stores and regasifies imported LNG. It includes two 160,000 cub

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