Enbridge Expands Gulf Coast Gas Storage with 23 Bcf Buildout at Egan, Moss Bluff

The $500 million expansion will raise Enbridge’s U.S. working storage to 121 Bcf and deepen its connections to all operating Gulf Coast LNG export terminals.

(P&GJ) — Enbridge is advancing another round of natural gas storage expansions on the U.S. Gulf Coast as LNG demand and industrial growth continue to tighten regional capacity. The company said it has sanctioned new buildouts at its Egan, Louisiana, and Moss Bluff, Texas facilities, adding a combined 23 Bcf of working gas storage between 2028 and 2033 at an estimated cost of $500 million.

“These demand dynamics dramatically shift supply economics and increase the importance of strategically located storage capacity,” Enbridge President and CEO Greg Ebel said during the company’s third-quarter earnings call. He noted that Enbridge currently controls about 10% of available Gulf Coast storage.

The expansion—16 Bcf at Egan and 7 Bcf at Moss Bluff—will lift Enbridge’s total working storage to 121 Bcf across its four U.S. Gulf Coast sites, including Tres Palacios, TX, and Bobcat, LA. “Through acquisitions and expansions, we have positioned ourselves as an industry leader in the storage space,” Ebel said. “We are connected to all operating U.S. Gulf Coast LNG export terminals, and continue to invest heavily in infrastructure to enable the future growth of North American LNG.”

Enbridge’s storage portfolio has grown significantly through recent acquisitions, including Tres Palacios in 2023 and Aitken Creek in British Columbia. Earlier this year, the company also approved an expansion of Aitken Creek to support Western Canada’s LNG export market.