CEDIGAZ Report: Underground gas storage in the world

Sylvie Cornot-Gandolphe's picture
Sylvie Cornot-Gandolphe, Research Associate & Energy Consultant, CEDIGAZ
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At the end of 2017, there were 671 underground gas storage (UGS) facilities in operation in the world (unchanged from the end of 2016). Only three new storage facilities were commissioned in 2017, in China, Turkey and the United States. But at the same time, some sites were closed in the United States and Europe. The global working gas capacity has slightly increased to 417 bcm, up 0.4% from the end of 2016 (415 bcm revised).

In mature markets (North America, the European Union (EU) and the Commonwealth of Independent States (CIS)), storage capacity is stagnating or even decreasing. Thanks to additional capacity in Turkey, total European capacity increased marginally. Turkey’s Tuz Lake gas storage facility, which is expected to increase capacity from 1.2 bcm to as much as 5 bcm per year, was opened in February 2017.

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