KMI to expand Gulf Coast natural gas storage
Kinder Morgan Inc. (KMI) plans to expand working natural gas storage capacity at its Markham Storage site in Matagorda County, Tex., by 6 bcf, reaching an agreement with Underground Services Markham LLC, a subsidiary of Texas Brine Co. LLC, to lease an additional cavern. The new storage will add 650 MMcfd of incremental withdrawal capacity on KMI’s nearly 7,000-mile Texas intrastate pipeline system.
Before expansion, Markham, sited near the Texas Gulf Coast, had 21.8 bcf of working gas storage capacity with peak delivery of 1.1 bcfd.
Anchor shippers have subscribed to roughly half the available capacity under long-term agreements, and the company expects commercial in-service for the project in January 2024.
Texas Brine’s site is an offshoot of its production from natural salt deposits and stores NGLs and olefins as well as natural gas for a variety of companies.
Christopher E. Smith | Editor in Chief
Christopher brings 27 years of experience in a variety of oil and gas industry analysis and reporting roles to his work as Editor-in-Chief, specializing for the last 15 of them in midstream and transportation sectors.