I Squared Capital will acquire Spire’s gas storage assets in Wyoming and Oklahoma for $650 million, adding 72 Bcf of capacity. The deal highlights growing investment in U.S. storage infrastructure as demand for flexibility rises.
U.S. natural gas storage rose by 36 Bcf for the week ending March 27, with inventories sitting above both last year’s levels and the five-year average.
FERC has approved a 30 Bcf expansion at the Golden Triangle Storage facility in Texas, boosting capacity and strengthening Gulf Coast gas storage and pipeline connectivity.
Trinity Gas Storage reached FID on its Phase II East Texas expansion, adding 13 Bcf of capacity and two new pipeline interconnects to enhance grid reliability and meet rising gas demand across Texas.
China led global underground gas storage expansion in 2025, adding 6 billion cubic meters of capacity to reach 19.8 bcm, according to the International Gas Union. The growth helped lift total global storage to 424 bcm, with Asia emerging as the only region showing robust new development.
Uniper Energy Storage has applied to Germany’s Federal Network Agency to decommission the Breitbrunn gas storage facility in Bavaria by 2027, assuring regulators that supply security will not be affected.
Black Bayou Energy Hub has secured FERC approval for its Louisiana gas storage project and $50 million in new funding from Mercuria, advancing the 34.7 Bcf facility toward final investment decision.
Germany's pipeline lobby group has proposed a new approach to gas storage, including a permanent national reserve, it said on Wednesday, in an effort to reduce the cost of building up an energy buffer ahead of the European winter.
NeuVentus opens non-binding open season for up to 20 Bcf of natural gas storage at its TRU Hub salt cavern project in Liberty County, Texas. Bids close June 27, 2025.
Enbridge is targeting startup of its Canyon and Sparta offshore pipelines by 2028-29 and evaluating 24 Bcf of expansion potential at its Gulf Coast gas storage sites to strengthen LNG export connectivity.
Technip Energies has been awarded a detailed engineering contract for QatarEnergy LNG’s NFPS COMP 4 offshore compression project, advancing Qatar’s major natural gas expansion plans.
Equinor expects a tight European gas market this summer due to low storage levels and rising LNG demand, estimating 200–300 more cargoes will be needed compared to last year.
German gas storage operators are pushing back against a draft plan to align national storage targets with EU rules, warning that inconsistent fill level requirements could unfairly burden some sites and jeopardize winter supply security.
Wood Mackenzie’s 2050 Strategic Planning Outlook projects strong growth for North American natural gas markets, driven by LNG exports, power demand, and infrastructure expansion amid a shift to higher-cost supply.
Louisiana is emerging as a major Gulf Coast LNG hub under Trump-era energy policies, fueled by rising exports, new pipelines, and major investments in natural gas infrastructure.
You can change it with picker below or later using the switch located in the footer.
