US natural gas storage: Study foresees regulatory changes and steady growth

Regulatory changes and steady growth in US natural gas consumption will trigger a 21% increase in gas-storage capacity over the next 15 years with a $5 billion investment, according to a new study from the Gas Research Institute, Chicago. Click here to enlarge imageThe study estimates that Lower 48 storage capacity for working gas will grow to 4.6 tcf in 2015 from 3.8 tcf in 1998 (Fig. 1). About 75% of the capacity additions are expected to occur after 2005 as gas demand grows more rapidly than storage capacity requirements during the next 5 years. Click here to enlarge imagePart of the new capacity will provide storage operators with increased operating flexibility and augment changin...

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