Global underground storage capacity increases by 11 billion m3
Published by Angharad Lock,
Digital Assistant Editor
Hydrocarbon Engineering,
As of 2016, there were 672 underground gas storage (UGS) facilities in operation globally, representing a working gas capacity of 424 billion m3, or 12% of 2016 world gas consumption. This is the information reported in Cedigaz’s ‘Underground Gas Storage in the World - 2017 Status’ report, which was recently published. The number of storage facilities has decreased (680 UGS in 2015), mainly due to closures in the US and Europe.
However, the global working capacity has increased by 11 billion m3, driven by expansions in the CIS, the Middle East and China. In Europe, storage capacity has continued its decline. Working gas capacity decreased by 5.8 billion m3 due to the closure of storage facilities in Germany, Ireland and the UK. The temporary closure of the Rough depleted field was confirmed as a permanent move in June.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/12072017/global-underground-storage-capacity-increases-by-11-billion-m3/
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