KEY TAKEAWAYS:

Federal approval received, enabling construction of four salt dome gas storage caverns.

Hub can deliver up to 2.0 Bcf/day to LNG export facilities, inject 1.6 Bcf/day.

Strategically located near 10 major LNG plants and interstate pipelines in the Gulf Coast.

Project backed by Mercuria and other partners to balance local and global gas markets.

Black Bayou Gas Storage has received the final federal authorization the company needed to begin construction and operate a large-scale gas storage hub in Cameron and Calcasieu parishes that encompasses four salt domes and related infrastructure.

The Black Bayou development project is located less than 25 miles from 10 current and planned LNG export facilities that analysts project will process 30 billion cubic feet (Bcf) of g

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