Oil and Gas Storage Industry Analysis Report 2107- Business Forecast 2023

Market Research Future has a Research Report on Oil and Gas Storage Market that contains the information from 2017 to 2023.  The global oil and gas storage industry market is projected to growat at a CAGR of approximately 3.5% from 2017 to 2023.

Market Research Future recognizes the following companies as the key players in oil and gas storage market are Royal Vopak N.V. (Dutch), TechnipFMC plc (U.K.), Magellan Midstream Partners, L.P. (U.S.), Amec Foster Wheeler plc (UK), The Vitol Group (The Netherlands), WorleyParsons Limited (Australia), Niska Gas Storage Partners LLC(U.S.), Centrica plc (U.K.) and Chiyoda Corporation (Japan).

Natural gas storage is expected to dominate the market in terms of product type. With gas being increasingly used for providing domestic heating in North America and Europe regions, storing gas for winter season demand is of prime importance to the countries in the region. Countries are eager to take advantage of the price drop of natural gas and are procuring it more than the required demand. This procured gas has to be stored so that it can be used again in the state of winter season demand. Natural gas is stored in underground inventory such as depleted reservoirs in oil and/or natural gas fields, aquifers, and salt cavern formations. Liquefied natural gas is stored in liquid or gaseous forms above ground.

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Oil and gas are increasingly stored to meet the growing demand for energy. Oil is stored in tankers and other stationary facilities so it can be transported over vast distances and regions to meet the demand. Gas, on the other hand needs to be stored underground in facilities such as depleted oil and gas fields, salt caverns and aquifers.

Intended Audience:

• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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Key Pointers from Table of Contents of Report:

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Oil and Gas Storage Market, By Product Type
5. Global Oil and Gas Storage Market, By Storage Type
6. Regional Market Analysis
7. Competitive Analysis
   1. Royal Vopak N.V. (The Netherlands)
   2. TechnipFMC plc (U.K.)
   3. Magellan Midstream Partners, L.P. (U.S.)
   4. Amec Foster Wheeler plc (UK)
   5. The Vitol Group (The Netherlands)
   6. WorleyParsons Limited (Australia)
   7. Niska Gas Storage Partners (U.S.)
   8. Centrica plc (U.K.)
   9. Centrica plc (U.K.)

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