Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Natural Gas Storage Market Global Trends & Forecasts till 2019 - New Report by MarketsandMarkets
  • USA - English


News provided by

MarketsandMarkets

Oct 10, 2014, 12:30 ET

Share this article

Share toX

Share this article

Share toX

MarketsandMarkets
MarketsandMarkets

(PRWEB) October 10, 2014 -- The report "Natural Gas Storage Market by Type (Underground, Above Ground, and Floating), and by Geography - Global Trends & Forecasts till 2019", defines and segments the Natural Gas Storage Market with analysis and forecasts of the global revenue.

Browse 71 market data tables with 23 figures spread through 173 pages and in-depth TOC on "Natural Gas Storage Market - Global Trends & Forecasts till 2019".
http://www.marketsandmarkets.com/Market-Reports/natural-gas-storage-market-119612258.html

Leading players - Key players - Foster wheeler (U.K.), Worley Parsons (Australia), Centrica (U.K.), Niska gas storage (U.S.), Samsung Heavy Industries (Korea), E-on (Germany), spectra Energy (U.S.), Chiyoda Corporation , Technip (France)

Post this

Early buyers will receive 10% customization on this report.
Request for Customized Report @ http://www.marketsandmarkets.com/requestCustomization.asp?id=119612258

The natural gas storage underground capacity (working gas) globally is expected to reach 458.2 (bcm) billion cubic meters while above the global ground storage capacity is expected to reach 1,469.6 mtpa (million tons per annum) by 2019. The above ground storage further includes LNG liquefaction and regasification processes whose capacities are expected to reach 704.9mtpa and 764.7mtpa by 2019 respectively.

Rapid increase in offshore exploration and production activities, and increasing demand for efficient energy sources are some of the factors driving market demand for natural gas storage. The market is intended to grow with a rapid increase in government policy approvals to establish natural gas storage facilities. Consequently, the major operators are forced to implement improved and effective gas storage services. However, increased domestic natural gas production and government policies allow market forces to play a major role in guiding capital investments in natural gas storage facilities and accelerate development of new storage capacities. The natural gas storage market is therefore, expected to show sound growth in the coming years.

In terms of working gas capacity, the Americas are the largest region for underground storage facilities, followed by CIS region. By 2019, Americas total working gas capacity is expected to reach 158.6bcm, an expansion of 6.6bcm between 2014 and 2019. The working gas capacity of CIS region was 122.4bcm in the year 2013 and is expected to grow by 10.6bcm by 2019. This boom in the natural gas storage market provides a promising opportunity for gas storage service manufacturers. In terms of above ground storage facilities that include liquefied natural gas (LNG), Americas had the highest liquefaction capacity (184.9mtpa ) in 2013, followed by the Middle Eastern and African regions with a total liquefaction capacity of 112.9 mtpa. Moreover, the global liquefaction capacity is expected to increase by 279.7mtpa between 2014 and 2019, to give a total liquefaction capacity of 704.9mtpa by2019. Whereas, Asia-Pacific holds the largest share in terms of regasification capacity with a total of 306.8mtpa, followed by the Americas and Europe. The global regasification capacity is expected to reach 764.7mtpa by 2019 from an estimated value of 675.6 in 2014.

Currently Americas is the largest market for gas storage systems with largest number of natural gas reserves. This market is growing at a very high growth rate and will maintain its statues until 2019. The rising need for production efficiency in order to maximize oil and gas production is resulting in enlarged gas storage facility demand.

Inquiry before buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=119612258

Strict and stringent safety regulations are being imposed in gas storage activities due to high risk of unusual accidents. Construction and operations of the gas storage facilities are all about risk taking and accepting challenges. One mistake in these operations can result as a massive problem and unrecoverable loss. Damage to environment, damage to human life and huge financial losses are certain results, the world has to bear. Government rules and approvals are becoming stringent in order to make these operations safer. Hence primary governmental approvals are required for a gas storage project that will provide services as a certificate of public convenience and reduces the environmental as well as financial loss. Natural gas storage facility operators are emphasizing more on safety, in order to maximize safety and operational efficiency.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=119612258

The report analyzes the global natural gas storage market. The market is segmented on the basis of its types such as, underground natural gas storage and above ground natural gas storage. This report also describes various marketing trends and establishes the most effective growth strategy in the market. It identifies market dynamics such as drivers, restraints, opportunities, Challenges for overall global market. The report also profiles major companies such as; Foster Wheeler, Worley Parsons, Chiyoda Corporation, Centrica Plc., Samsung Heavy Industries, Technip, Spectra Energy, E-on, GDF SUEZ, Niska Gas Storage. The market by geography includes Asia-Pacific, Europe, Africa, the Middle East, North America, and South America.

The report also includes market share, supply chain and value chain analyses, Porter's five force analysis, and market metrics such as drivers, restraints, Challenges, and opportunities. In addition, it presents a competitive landscape and company profiles of 10 key players in the market that include major companies, which own and operates natural gas storage facility and construct the gas storage projects (manufacturers).

Browse related reports

Shale Gas Processing Equipment Market by Component (Compressors & Pumps, Electrical Machinery, Heat Exchangers, Internal Combustion Engines, and Measuring & Controlling Devices) & by Geography (North America & ROW) - Global Trends and forecasts to 2019
http://www.marketsandmarkets.com/Market-Reports/shale-gas-processing-equipment-market-199747431.html

Offshore Drilling Market by Services (Contract Drilling, Directional Drilling, Logging While Drilling), Applications (Shallow Water, Deepwater, Ultra-Deepwater) and Geography - Global Trends & Forecasts To 2018
http://www.marketsandmarkets.com/Market-Reports/offshore-drilling-market-1207.html

About MarketsandMarkets

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/energy-and-power

Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.