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Terminal News

Caliche Development put new NGL storage facility into service

Caliche Development put new NGL storage facility into service
Caliche Development Partners has put its first NGL subsurface hydrocarbon storage project in Beaumont, Texas into service.

This follows a detailed commissioning effort, providing safe and on-specification handling and storage of ethylene from Caliche's initial pipeline connection. Caliche is a Houston-based company focused on the development, construction and operation of subsurface hydrocarbon storage assets and related pipelines in North America.

The cavern allows for storage of up to 600 million pounds of ethylene and connects to a 12.8 mile-header system crossing five operating ethylene pipelines, two more of which will be connected to the facility before the end of 2018.

Additionally, drilling has been completed on a five-million-barrel cavern for ethane storage.

Caliche expects to provide up to 120,000 barrels per day of ethane deliverability, as well as a 12-mile ethane header mirroring the path of Caliche's ethylene system.

By the end of 2019, the ethane header will cross five ethane pipelines connecting more than 50% of Gulf Coast ethane consumption with the Mont Belvieu NGL complex.

The company has also begun drilling for a planned three-million-barrel cavern for other NGL storage with up to another 120,000 barrels per day of deliverability.

Once fully developed, Caliche Coastal will provide up to 32 million barrels of salt cavern storage facilities.

Dave Marchese, CEO of Caliche Development Partners, says: 'Caliche has received tremendous support from the market and Beaumont community over the past year-and-a-half, and it is rewarding to pass such a significant milestone.

'Customers are asking for ethane and other NGL storage, and we have the people, location and assets to serve these markets and customers.'



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