World natural gas storage company

How many gas storage projects are there in the world?

There are now 68 storage projects under construction in the world, adding 48 bcm of working gas capacity. All regions but Africa participate in the construction activity. China alone is expected to contribute around half of the total global capacity additions by 2025. Different market structures and regulations impact UGS trends

Which countries produce natural gas?

Natural gas is a fossil fuel that is found beneath the Earth's surface or can be produced in a process called fracking. Top producer countries include the United States, Russia, Iran, and China. The biggest natural gas company by market cap is Saudi Arabian Oil. China and the U.S. have three companies each in the top 10.

Is natural gas storage infrastructure a national policy?

Since 2018, the construction of natural gas storage infrastructure has been upgraded to a national policy.

Why is underground gas storage important?

Including an analysis of the current global gas crisis – New report by CEDIGAZ Underground gas storage is back in the spotlight with the current gas crisis, which once again illustrates its importance for security of supply, especially in Europe.

Why are natural gas storage customers becoming selective?

Buyers are becoming selective to ensure their supply meets specific standards. Natural Gas Storage customers whose inventory consists of differentiated products such as certified gas can now demarcate their natural gas storage inventory from non certified natural gas. Contact your Rockpoint Gas Storage representative or Xpansiv to find out more.

Which countries produce the most gas in the world?

United States, Russia, Ukraine, Canada and Germany account for almost 70% of worldwide capacities. Storage in porous formations (depleted fields and aquifers) dominate with 91% of global working gas volumes, but salt caverns account for 26% of global deliverability.