News

A new report from the American Gas Association (AGA) has sounded the alarm on the rapidly growing need for expanded natural ...
Natural gas in underground storage is expected to have increased by 101 billion cubic feet to 2,142 Bcf in the week ended May 2, according to the average estimate of 11 analysts, brokers and traders.
According to ExPro calculations, Ukraine pumped 258 million cubic meters of natural gas into underground gas storage facilities (UGS) in April 2025. This is reported by the ExPro publication, the ...
“The situation will not critically impact UGS [underground storage] operations, since the gas is stored deep underground,” commented Oleksiy Chernyshov, CEO of the state energy company ...
After a relatively warm start to the 2024 – 25 winter heating season (November – March), colder-than-normal temperatures ...
The researchers found that depleted oil and gas reservoirs are the cheapest storage option with a cost of $1.29/kg, while rock caverns offer the highest levelized cost of storage of $2.77/kg.
TASS/. Gas reserves in underground gas storage (UGS) facilities in Europe have fallen below 50%, and the rate of gas withdrawal in February is nearing a record high, according to data from Gas ...
Gas storage facilities provide for 30% of the Union's gas consumption during the winter months. Moreover, well-filled underground gas storage facilities can help provide additional gas in the event of ...
Germany is mainland Europe's biggest gas consumer and storage nation, able to fill underground gas caverns with a quarter of annual usage. That means its efforts to implement storage rules have ...
TASS/. Underground storage facilities (UGS) in Europe have, on average, gas reserves for 70 days amid elevated rates of withdrawal and the termination of Russian gas transit through Ukraine ...
The proposed project, on former ranchland about 14 miles from Odessa, will store about 722,000 metric tons of the gas per year approximately 4,400 feet underground, according to the EPA.