New golden era for US natural gas storage looms as demand, rates rise

Growing intermittent demand for natural gas along the US Gulf Coast is fueling something of a renaissance in the salt dome storage market as LNG exporters, power generators and pipeline operators bid up prices for the South Central region’s most flexible storage injection and withdrawal capacity. Earlier this month, storage owner and operator Enstor was among the latest to enter… Growing intermittent demand for natural gas along the US Gulf Coast is fueling something of a renaissance in the salt dome storage market as LNG exporters, power generators and pipeline operators bid up prices for the South Central region’s most flexible storage injection and withdrawal capacity. Earlier this month, storage owner and operator Enstor was among the latest to enter… Read More