(EMAILWIRE.COM, January 25, 2019 ) Underground Gas Storage Industry Outlook in North America to 2022 – Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites”, is a comprehensive report on Underground Gas Storage Market in North America. The report provides gas storage site details such as asset name, operator name, storage type, start year, working gas capacity along with withdrawal rate for all active and planned gas storage assets in the region. The report also provides key country comparisons based on contribution
to working gas capacity. The report also provides capital expenditure outlook by key countries, year on year, from 2018 to 2022. Planned or proposed (new build) underground gas storage sites, as announced by various companies, have also been included in this report. Further the report also offers recent developments and latest awarded contracts at country level.
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The US will drive growth in the underground gas storage industry in North America between 2018 and 2022, contributing more working gas storage capacity than any other country in the region and also expected to add around 216.5 bcf of underground gas storage capacity during the forecast period from 17 planned and announced underground gas storage sites. Capital expenditure (capex) totals US$1.2bn over the next four years.
The report also states that in terms of storage capacity among the upcoming underground gas storage sites, MoBay Storage Hub and Magnum Gas Storage in the US will lead with 50 bcf and 42 bcf respectively, in 2022.
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The Scope Of Underground Gas Storage market:
Updated information relating to all active and planned underground gas storage sites in North America
Provides key details such as operator name, type, start year, total storage capacity, working gas capacity, maximum withdrawal rate for all active and planned underground gas storage sites to 2022
Provides capital expenditure outlook by year and by key countries for planned underground gas storage sites till 2022
Latest developments and contracts related to underground gas storage industry at country level.
The ever growing demand for natural gas in the US is driving the growth of the underground gas storage industry in the country. The proposed natural gas-fired power plants and the LNG liquefaction terminals are also aiding the underground gas storage industry growth.
Canada as the second highest in North America in terms of underground gas storage capacity additions, The country is expected to add around 15 bcf by 2022 and has planned investment of US$337m to be spent on two upcoming sites during the forecast period.
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Reasons to Purchase this Report:
Obtain the most up to date information available on all active and planned gas storage sites in North America
Identify growth segments and opportunities in the industry
Facilitate decision making on the basis of strong historic and forecast capacity data
Assess your competitors gas storage sites.
Browse an In-depth TOC and list of tables and figure available in the report.
1. Table of Contents
2. Introduction
3. North America Underground Gas Storage Industry
4. North America Underground Gas Storage Industry, United States
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