Edit ModuleShow Tags

U.S. Gas Injections at Record Pace

Inventories will be near normal when winter begins


Published:

The U.S. Energy Information Administration (EIA) reports that compressors are busy at privately owned gas storage fields.

Following an extremely cold weather, inventories at the end of the 2013-14 heating season were 857 Bcf (24 x 109 m3), the lowest level since 2003.

EIA said that nearly midway through the summer storage injection season (the beginning of April through the end of October), it projects a record build of 2.6 Tcf (73 x 109 m3) will bring stocks to 3.4 Tcf (96 x 109 m3) by the beginning of winter.

“While the refill season began slowly in April, injections quickly ramped up in May and have substantially exceeded five-year average levels each week since then. As a result, the gap between current storage and the five-year average narrowed substantially. Currently, inventories are 683 Bcf (19 x 109 m3) below the five-year average,” EIA said.

The agency explained that gas production is about 3 Bcfd (85 x 106 m3/day) more than it was last summer while demand from the electric power sector has been flat. It said added that continued high production is expected through next spring, which will lessen the need for storage withdrawals next winter.

Edit ModuleShow Tags

Archive »Recent Articles

Linde North America Appoints New Chief

REX Opens Additional Flow To Midwestern Markets

The Midwestern markets are now the recipients of an additional 800 MMcfd (22.6 X 106 m3/d) of natural gas thanks to the completion of an enhancement project to the Rockies Express Pipeline (REX), according to the U.S. Energy Information Administration (EIA).

Atlas Copco Appoints New Chief, Proposes To Split Group In 2018

EIA: Nat Gas Prices Fall Across U.S.

Natural gas spot prices dropped at most locations during the Jan. 4 to Jan. 11 report week, according to the U.S. Energy Information Administration (EIA).

Air Liquide Commissions World's Largest Hydrogen Storage Facility

Edit ModuleShow Tags
Edit ModuleShow Tags

Compressor Technology Sourcing Supplement

Compression Technology Sourcing Supplement

Ratings and specifications for compressors and prime movers, component details, tutorials and an abundance of critical information for anyone working in the gas compression marketplace.
Edit ModuleShow TagsEdit ModuleShow Tags