April 2011 Vol. 238 No. 4


UGI Storage Reports Successful Open Season For Pennsylvania Storage

UGI Energy Service’s affiliate, UGI Storage Company, commenced service on April 1 for winning bidders of its initial open season to sell firm storage service from its natural gas storage assets located in north-central Pennsylvania.

New customers include Virginia Power Energy Marketing, UGI Central Penn Gas, J. Aron/Goldman Sachs, and New Jersey Resources Energy Services.

“We are pleased that we received substantial interest in the inaugural open season for our storage services”, said Peter Terranova, Vice President of Energy Services and UGI Storage Company. “The results confirm that our storage fields, which are located in the heart of the Marcellus Shale region, efficiently span interstate pipelines, Marcellus Shale gas and growth markets in Pennsylvania and the northeast.”

The three storage fields, located in the Pennsylvania counties of Tioga, Potter and Cameron, have access to the Dominion Transmission, Transco, Tennessee Gas Pipeline and UGI CPG pipelines. UGI Energy Services plans future expansions of storage deliverability, interconnects with Marcellus producers and expansions to establish direct connections to high value utility markets in southeastern Pennsylvania. Terranova said, “UGI Storage plays a vital role in UGI Energy Services expanding role as a provider of midstream services to Marcellus producers and end-use markets.”

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