Wednesday, June 4, 2008

NG Storage as insurance

Centaurus, Carlyle, Quantum Energy buy NG storage tanks

Gas caverns are used to maintain NG holdings under anticipation of a price rise - increased volatility means a higher premium for storage.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aC0XVAQrWCiU&refer=home

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