Underground gas storage on the rise

摘要

CEDIGAZ (www.cedigaz.com) recently released a report on global underground gas storage (UGS). The report provides an overview on the development of UGS markets on a country-by-coun-rty basis. A specific focus is on the legal fra tnework and storage tariffs in European countries, as well as on their future storage needs by 2020. As of February 2010,CEDIGAZ identified 207 underground gas storage projects in the world, repre-senting an additional working capacity of 131.3 bcm compared to a current available volume of 333.3 bcm. The majority of the projects are located in Europe with 127 sites (68 new facilities and 59 expansions of existing sites).