On April 11, 2016, Mountaineer NGL Storage, LLC began its non-binding open season for up to 1.6 million barrels of initial storage capacity with more than 25,000 bbls per day of load-in and load-out.
The Mountaineer NGL Storage Project will provide storage services to a growing number of gas processors, producers, markets and commodity traders that are interested in exploiting the wet gas production from the Marcellus/Utica shales. The project will be designed to store ethane, propane, butane and y-grade products.
Construction is currently scheduled to begin in 2017, with storage capacity becoming available by mid-2018.
The project will use the subsurface Salina salt formation as the storage zone. It is located in the heart of the Marcellus/Utica wet gas shale play, and is perfectly placed to provide service to the expanding network of pipelines, rail and barge infrastructure that is currently being built to transport Marcellus and Utica natural gas liquids throughout the Northeast, Mid-Atlantic, Mid-Continent and Gulf Coast.
The Mountaineer NGL Storage Project open season concludes at 5:00 p.m. Central Time on Monday, May 9, 2016.