Inergy to pay $65M in acquisition of N.Y. gas-storage site, pipelines

01/11/2010 | Reuters

An Inergy unit said it would purchase a natural-gas storage site and two related pipelines from New York State Electric & Gas under a deal worth about $65 million. The storage facility, located in Schuyler County, has a maximum daily withdrawal capability of 145 million cubic feet and peak daily injection capability of 75 million cubic feet, the company said.

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