has done is to structure its transportation and storage tariffs so only EPGT
can provide imbalance management services to shippers on its pipeline system, to the exclusion of storage service providers like Falcon," said Falcon Gas Storage President John Hopper.
They burn gas the same way they dispatch power, which varies significantly from day to day as well as hour to hour within the day, EPGT
is fully aware of this.
The assets to be acquired include the 9,400-mile EPGT
Texas intrastate pipeline, which has an operating capacity of nearly 5 billion cubic feet of natural gas per day (Bcf/d).
60 per year that will be effective with the closing of its $750-million acquisition of the EPGT
Texas intrastate pipeline and other assets announced in a press release this morning.
Included in this budget is the anticipated acquisition of additional midstream assets from El Paso Corporation, such as the EPGT
Texas Pipeline (GTT).