ABSTRACT
The ˆrst recorded natural gas storage facility was a depleted gas reservoir converted in 1915 in Welland County, Ontario, Canada. Storage plays a key role in the U.S. natural gas industry, allowing it to smooth the differences between production patterns and gas demand and minimize the costs of
CONTENTS
Introduction ......................................................................................................... 213 Historical Development of Underground Natural Gas Storage .................. 214 Key Trends In£uencing Future Value of Natural Gas Storage ..................... 217 Types of Natural Gas Storage ............................................................................ 217
Depleted Reservoir Storage .......................................................................... 218 Aquifer Storage ............................................................................................... 219 Salt Cavern Storage ........................................................................................ 219 Liquid Natural Gas ........................................................................................ 220 Pipeline Capacity ............................................................................................ 221 Gas Holders ..................................................................................................... 221
Role of Gas Storage in Transmission and Distribution ..................................222 Customer Segments ............................................................................................223
