Natural Gas Storage Market - Forecast(2020 - 2025)
The ability to store the Natural Gas ensures reliability during the periods of heavy demand by supplementing the pipeline capacity. The storage of Natural gas lets the greater system efficiency by allowing more level production and transmission flows. End users gain from this increased efficiency with reduced overall costs of service. Natural gas Consumption is strongly influenced by weather, with levels during the heating season higher than the non-heating season. This pattern is driven by the heavy use of natural gas for space heating in residential and commercial sectors. Natural gas can be stored in different ways like Above Ground storage and Underground storage. The underground storage can be again classified into Salt caverns, depleted reservoirs and aquifers. It can also be stored into two forms that is Liquid and gaseous Form. The Natural gas storage adds flexibility to the gas transportation network. In general it is a seasonal business. The shippers inject the gas into...