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MX3 Gas Storage Expansion Project

Sector: Natural Gas • Location: United States

Source: The Globe and Mail

Project
Planned

The MX3 gas storage expansion is a FERC-regulated project that aims to add 4 to 5 billion cubic feet of capacity. It is fully contracted under 25-year agreements, indicating strong commercial backing. The project targets a notice to proceed by 2027 and an in-service date by 2029. Including MX3 is expected to lift the company's long-term EPS growth target from 4%-6% to 5%-7%.

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Project Information

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The project “MX3 Gas Storage Expansion Project” is an infrastructure initiative in the Natural Gas sector, located in United States. Taiyo aggregates data on it from The Globe and Mail.

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Participants

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planned

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Description

Description

The MX3 gas storage expansion is a FERC-regulated project that aims to add 4 to 5 billion cubic feet of capacity. It is fully contracted under 25-year agreements, indicating strong commercial backing. The project targets a notice to proceed by 2027 and an in-service date by 2029. Including MX3 is expected to lift the company's long-term EPS growth target from 4%-6% to 5%-7%.

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Source reliability

High

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More Details

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