1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas
  5. > Natural Gas Market Trends

Global Markets and Technologies for Natural Gas Storage

  • January 2016
  • 280 pages
  • BCC Research
Report ID: 1590961

Summary

Table of Contents

This BCC Research report on natural gas storage market anticipates technology shifts, evaluates pricing trends for key North American and European wholesale gas markets, assesses the impacts of new and proposed infrastructure on liquefied natural gas (LNG) and underground gas storage projects, and determines their effects on the market, and identifies the key structural and strategic factors that will drive growth and opportunity in the LNG and natural gas storage industry to 2020.

Use this report to:

Assess how new technology developed by the industry has greatly reduced the cost of storing and delivering natural gas and LNG to customers.
Quantify the impact of new technologies, industry structure, business trends and regulatory change.
Identify the key structural and strategic factors that will drive growth and opportunity in the LNG and natural gas storage industry to 2020.
Evaluate the economic, industrial and environmental benefits of storage.

Highlights

The global natural gas storage market will reach $796.4 billion in 2020, up from $562.2 billion in 2015, registering a CAGR of 7.2% for the preiod of 2015-2020.
Underground gas storage (UGS) as a segment will increase at a CAGR of 2.9% over the forecast period to grow from $374.2 billion in 2015to $430.5 billion in 2020.
The liquefied natural gas (LNG) tanker trade segment is expected to reach $120.5 billion in 2015 and $197.0 billion by 2020 increasing at a CAGR of 10.3%.

STUDY GOALS AND OBJECTIVES

The goals of this report on the demand for natural gas storage infrastructure are to:

anticipate gas supply drivers and trends, including technology shifts; evaluate pricing trends for key North American and European wholesale gas markets; assess the impacts of new and proposed infrastructure on liquefied natural gas (LNG) and underground gas storage projects, and determine their effects on the market; quantify the impact of new technologies, industry structure, business trends and regulatory change; identify the key structural and strategic factors that will drive growth and opportunity in the LNG and natural gas storage industry to 2020; and provide details on the various technologies involved in LNG and natural gas storage, including the critical stages of integration, and how they relate to the global natural gas trade and demand pattern.

The objective of this market research report is to provide a balanced and detailed evaluation of the current status of the global natural gas storage infrastructure industry.

More than 98% of all LNG traded worldwide is transported by ship. Driven by increasing global demand and decreasing costs of natural gas, is it any wonder that LNG storage and shipping are being thrown into the limelight? More and more, industry players are realizing that LNG storage and shipping is more than just an integral part of the LNG supply chain. To put it simply, getting storage and shipping right is critical to the natural gas industry.
The consumption of natural gas varies day-to-day and month-to-month. Weather and the varying demands of electric power generation translate into usage fluctuations.

Seasonally the fluctuation is as much as 50%, and short term it can be even more variable. Exact timing, location and volume of peak demand are unpredictable. Since natural gas is not produced in a way that corresponds to these fluctuations, surplus gas is pumped during slumps in usage into numerous storage facilities (underground and LNG) for use during inevitable surges in consumption. In international trade, LNG storage provides the vital link between gas producers and consuming countries. This allows continuous service even when production or pipeline transportation services cannot meet demand.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Underground Gas Storage Industry Outlook In Former Soviet Union To 2021: Capacity And Capital Expenditure Forecasts With Details Of All Operating And Planned Storage Sites

  • $ 5000
  • Industry report
  • May 2017
  • by GlobalData

Underground Gas Storage Industry Outlook In Former Soviet Union To 2021: Capacity And Capital Expenditure Forecasts With Details Of All Operating And Planned Storage Sites Summary "Underground Gas Storage ...

Underground Gas Storage Industry Outlook in Europe to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites

  • $ 5000
  • Industry report
  • May 2017
  • by GlobalData

Underground Gas Storage Industry Outlook in Europe to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites Summary "Underground Gas Storage Industry ...

Underground Gas Storage Industry Outlook in North America to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites

  • $ 5000
  • Industry report
  • May 2017
  • by GlobalData

Underground Gas Storage Industry Outlook in North America to 2021: Capacity and Capital Expenditure Forecasts with Details of All Operating and Planned Storage Sites Summary "Underground Gas Storage Industry ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.