The United States natural gas storage industry is a highly fragmented and mature industry. The developments in the structural pattern of the market can be attributed to the FERC Order 636. Order 636 ended the ownership of the pipeline companies and created a new segment for independent storage companies. However, competition has forced pipeline companies to come up with subsidiaries and acquire the independent storage segment, which has affected the market of independent storage companies. Additionally, the competition between interstate pipelines and LDCs has further diminished their chances of existence. The market as of now comprises of primary and secondary markets for trading of natural gas in the storage, and the roles of various industry players are constantly changing. Owing to enormous competition only the companies owning maximum storage and transportation facilities, and largest number of end users will survive. The rise of portfolio management companies has also contributed to the competition, since they are capable of offering a better portfolio of natural gas storage and transportation to end users. 

According to United States Natural Gas Storage Market Forecast & Opportunities, 2020”, the market for underground natural gas storage in the US is projected to grow at a CAGR of around 0.87% during 2015-20. The driving force for this highly competitive market will be the shale revolution. In 2014, shale produced 37% of the total natural gas consumed by end users in the US. In addition, the electricity-generation sector and the industrial sector are estimated to grow at high rates, which will fuel the rate of natural gas consumption, restoring growth in the country’s natural gas storage market. Though residential sectors are estimated to decrease their natural gas usage, the recent drop in temperature suggests a contradictory trend. The increased production of natural gas coupled with the shale revolution, has resulted in decreasing the natural gas storage deficit, in turn decreasing natural gas prices. For the past 20 years, depleted reservoirs have been the choice of the natural gas storage industry, however, owing to high flexibility and cycle time provided by salt caverns, the market will witness their dominance over the forecast period. “United States Natural Gas Storage Market Forecast & Opportunities, 2020” discusses the following aspects of natural gas storage market in the United States:
  • United States Market Size, Share & Forecast
  • Segmental Analysis – Salt and Non-Salt
  • Policy & Regulatory Landscape
  • Changing Market Trends & Emerging Opportunities
  • Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report?
  • To gain an in-depth understanding of natural gas storage market in the United States
  • To identify the on-going trends and anticipated growth in the next five years
  • To help industry consultants, manufacturers and other stakeholders align their market-centric strategies
  • To obtain research based business decisions and add weight to presentations and marketing material
  • To gain competitive knowledge of leading market players
  • To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
Report Methodology 

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with natural gas storage companies in the United States. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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1.     Research Methodology

2.     Analyst View

3.     Natural Gas Storage Outlook

4.     Global Natural Gas Storage Market Outlook

4.1.   Market Size & Forecast

4.1.1. By Volume

4.2.   Market Share & Forecast

4.2.1. By Geography

5.     US Natural Gas Storage Market Outlook

5.1.   Demand Outlook

6.     US Underground Natural Gas Storage Market Outlook

6.1.   Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2.   Market Share & Forecast

6.2.1. By Company

6.2.2. By States

6.2.3. By Region

7.     Salt and Non-Salt Storage Market Outlook

7.1.   Market Share & Forecast

7.1.1. By Volume (Salt)

7.1.2. By Volume (Non- Salt)

8.     Value Chain Analysis

9.     Policy and Regulatory Landscape

10.  Cost Structure

11.  SWOT Analysis

12.  US Natural Gas Storage Market Dynamics

12.1.Drivers

12.2.Challenges

13.  Key Trends & Developments

13.1.Movement of Market Towards Consolidation

13.2.Increase in Salt Cavern Storage Facilities

13.3.Local Distribution Companies to Become Dominant Players

13.4.Emergence of Natural Gas Portfolio Management Companies (Marketers)

13.5.Narrowing of Natural Gas Storage Deficit

14.  Competitive Landscape

14.1.Dominion Resources Inc.

14.2.NiSource, Inc.

14.3.Consumers Energy

14.4.TransCanada Corporation

14.5.Niska Gas Storage Partners LLC

14.6.EQT Corporation

14.7.AGL Resources

14.8.ONEOK, Inc.

14.9.Spectra Energy Corporation

14.10.Kinder Morgan Inc.

14.11.  Pacific Gas and Electric Company

15.  Strategic Recommendations

 


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  • List of Figures

     

    Figure 1: Global Natural Gas Storage Market Size, By Volume, 2010–2020F (Tcf)

    Figure 2: Global Natural Gas Storage Market Share, By Geography, By Volume, 2014

    Figure 3: US Natural Gas Storage Market

    Figure 4: US Natural Gas Consumption Market Share, By End-User, By Volume, 2014

    Figure 5: US Natural Gas Consumption Pattern Trend Analysis, By End User, By Volume, 2014

    Figure 6: US Natural Gas Consumption, By Commercial Sector, By Volume, 2014

    Figure 7: US Underground Natural Gas Storage Market Size, By Value, 2010–2020F (USD Million)

    Figure 8: US Underground Natural Gas Storage Market Size, By Volume, 2010–2020F (Tcf)

    Figure 9: US Underground Natural Gas Storage Market Share, By Company, By Volume, 2014

    Figure 10: US Underground Natural Gas Storage Market Share, By States, By Volume, 2014

    Figure 11: US Underground Natural Gas Storage Market Share, By Region, By Volume, 2014

    Figure 12: US Underground Natural Gas Storage (Salt) Market Size, By Volume, 2010–2020F (Tcf)

    Figure 13: US Underground Natural Gas Storage (Non-Salt) Market Size, By Volume, 2010–2020F (Tcf)

    Figure 14: Value Chain of US Underground Natural Gas Storage Facilities, 2014

    Figure 15:  US Underground Natural Gas Storage Market Structure Pre and Post FERC Order 636

    Figure 16: Dominion Resource Inc., Financials, 2009-2013 (USD Million)

    Figure 17: NiSource, Inc., Financials, 2009-2013 (USD Million)

    Figure 18: Consumers Energy Financials, 2009-2013 (USD Million)

    Figure 19: TransCanada Corporation Financials, 2009-2013 (USD Million)

    Figure 20: Niska Gas Storage Partners LLC Financials, 2010-2014 (USD Million)

    Figure 21: EQT Corporation Financials, 2010-2014 (USD Million)

    Figure 22: AGL Resources Financials, 2009-2013 (USD Million)

    Figure 23: ONEOK Partners, L.P. Financials, 2009-2013 (USD Million)

    Figure 24: Spectra Energy Corporation, Financials, 2010-2013 (USD Million)

    Figure 25: Kinder Morgan, Inc. Financials, 2009-2013 (USD Million)

    Figure 26: Pacific Gas and Electric Company (PG&E), Financials, 2009-2013 (USD Million)