Underground Gas Storage_01

The total Working Gas Volume (WGV) of underground Gas storage (UGS) facilities amounts to 424 bcm, distributed across 699 storage facilities worldwide, with a withdrawal rate of some 7,371 mcm/d. The vast majority of these storage facilities is developed in depleted natural gas fields. In developed markets, UGS appears to be stagnating or experiencing only modest growth. These trends reflect differences in regulatory frameworks, market structures, geological possibilities and the integration of new Gas developments, underscoring the ongoing need to adapt UGS strategies to evolving energy markets (national, regional and international)