Houston – February 24 2025
– Caliche Development Partners III (Caliche or Caliche III) announced today that it is holding a non-binding open-season. The process begins 9:00 AM Central Time on Monday, February 24, 2025 and concludes at 11:59am Central Time on Friday, March 21, 2025, for firm natural gas storage under Rate Schedule FSS in support of the development of up to four additional natural gas storage caverns at Golden Triangle Storage, Inc. (GTS), the company’s existing FERC regulated facility in Beaumont, TX.
The open season will provide prospective customers with the opportunity to bid for up to 30.75 Bcf of FSS capacity on a multi-year basis. Bids between 0.5 Bcf and 30.75 Bcf of capacity will be accepted and evaluated. Bids for capacity must be for a minimum of a 3-year term, with GTS giving greater consideration for longer terms (up to 20 years). All bids submitted during the Bid Period will be treated as being received at the same time.
For information regarding Caliche’s open season or to submit non-binding bids for storage capacity, please contact Sam Wallace, Chief Commercial Officer (swallace@calichestorage.com) or Jason Evans, Director of Commercial Operations (jevans@calichestorage.com). Bid Forms may be found on the GTS Information Posting Website under the “Notices” section at http://www.gasnom.com/ip/goldentriangle.
Finance Contact: David Saindon – dsaindon@calichestorage.com
Media Contact: Emily C. Walsh – emily@ecwcommunications.com