Gill Ranch Storage, LLC, Files Application for Certificate of Public Convenience and Necessity for Underground Storage Facility Near Fresno
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Gill Ranch Storage, LLC (GRS), a subsidiary of Northwest Natural Gas
Company, dba NW Natural (NYSE:NWN), on Tuesday filed an
application for a Certificate of Public Convenience and Necessity (CPCN)
with the California Public Utilities Commission (CPUC) requesting
authorization to construct and operate an underground natural gas
storage facility.
This filing is a key milestone for the proposed Gill Ranch Gas Storage
Project. A Proponent’s Environmental
Assessment, which reviews potential environmental impacts of the
project, is included in the filing. The public will have several
opportunities for input as part of the approval process.
The Gill Ranch Gas Storage Project, which will have an initial capacity
of about 20 billion cubic feet (Bcf), will be co-developed by GRS and
Pacific Gas & Electric Company (PG&E), a subsidiary of PG&E Corporation
(NYSE:PCG). GRS and PG&E will each own a portion of the overall project,
holding undivided interests in the proposed project. GRS will own a 75
percent undivided interest in the project and PG&E will own a 25 percent
undivided interest. GRS will serve as the initial operator of the
project. GRS and PG&E will each separately market its own share of
storage capacity in the project. GRS will have a 15 Bcf stake in the
project.
The project site is located about 25 miles west of Fresno and includes:
12-15 injection/withdrawal wells located on four drilling pads;
A central compressor station located on 10 acres in the Gill Ranch
Storage Field;
Electric compression to minimize impacts on the San Joaquin air shed;
An approximately 27-mile, 30-inch natural gas transmission pipeline;
Connection to the PG&E Line 401 north of Panoche; and
A new electric power line constructed on wood poles, co-located with
an existing PG&E distribution line, approximately nine miles in length.
GRS is in the process of marketing its capacity and obtaining binding
agreements.
Gill Ranch Storage, LLC, is a wholly owned subsidiary of NW Natural. NW
Natural formed Gill Ranch Storage, LLC, to develop the Gill Ranch
project. The new subsidiary is legally separate from NW Natural’s
Oregon and Washington utility operations, and is dedicated to developing
and operating the Gill Ranch Gas Storage Project and serving the
California market. Please see www.gillranchstorage.com
for more information. NW Natural, based in Portland, Oregon, provides
reliable, cost-effective natural gas service to more than 650,000
residential, commercial, and industrial customers through 15,000 miles
of mains and service lines in western Oregon and southwestern
Washington. NW Natural is subject to regulation of its utility
operations by the states of Oregon and Washington. Since 1989, the
company has operated its 16 Bcf Mist underground storage field to serve
its utility customers and the regional interstate storage market,
overseen by the Federal Energy Regulatory Commission.
