Working gas held in storage facilities in the United States increased by 46 billion cubic feet in the week ending July 11 of 2025 . This dataset provides the latest reported value for - United States Natural Gas Stocks Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Global Natural Gas Storage Market Report is segmented by Type (Underground Storage and Above-Ground Storage) and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa)

Data on natural gas storage, withdrawals, and capacity. Weekly, monthly, and annual data available. Users of the EIA API are required to obtain an API Key via this registration form: http://www.eia.gov/beta/api/register.cfm

Note: Sample data provided. ・ These data identify and provide detailed information on underground natural gas storage in the United States as of December 2022. The attribute data for this point dataset come from EIA’s U.S. field level storage data, which is sourced from U.S. Energy Information Administration, Form EIA-191, Monthly Underground Gas Storage Report. It includes both active and inactive natural gas storage fields. EIA-191 collects information on working and base gas in reservoirs, injections, withdrawals, and location of reservoirs from operators of all underground natural gas storage fields on a monthly basis. The facility location data represent the approximate location based on research of publicly available information from sources such as Federal agencies, company websites, and satellite images on public websites.

Natural Gas Stocks Inventory in Spain increased to 26.81 TWh on Wednesday July 9 from 26.78 in the previous day. This dataset includes data for Spain on Natural Gas Stocks Inventory expressed on TWh as reported by the Gas Infrastructure Europe.

Global Natural Gas Storage Market reached US$ 308.87 billion in 2023 and is expected to reach US$ 401.25 billion by 2031

Japan Inventory: Natural Gas data was reported at 215.152 Cub m mn in May 2018. This records an increase from the previous number of 212.934 Cub m mn for Apr 2018. Japan Inventory: Natural Gas data is updated monthly, averaging 227.322 Cub m mn from Mar 1998 (Median) to May 2018, with 243 observations. The data reached an all-time high of 258.888 Cub m mn in Jun 2016 and a record low of 144.000 Cub m mn in Oct 1998. Japan Inventory: Natural Gas data remains active status in CEIC and is reported by Ministry of Economy, Trade and Industry. The data is categorized under Global Database’s Japan – Table JP.RB006: Energy Inventory and Shipment.

Homeland Infrastructure Foundation-Level Data (HIFLD) geospatial data sets containing information on Natural Gas Storage Facilities.

Natural Gas Stocks Inventory in Germany increased to 138.02 TWh on Tuesday July 15 from 137.43 in the previous day. This dataset includes data for Germany on Natural Gas Stocks Inventory expressed on TWh as reported by the Gas Infrastructure Europe.

Sub-surface facilities used for storing natural gas. The facilities are usually hollowed-out salt domes, geological reservoirs (depleted oil or gas field) or water bearing sands (called aquifers) topped by an impermeable cap rock. Mapping Resources implemented as part of the North American Cooperation on Energy Information (NACEI) between the Department of Energy of the United States of America, the Department of Natural Resources of Canada, and the Ministry of Energy of the United Mexican States. The participating Agencies and Institutions shall not be held liable for improper or incorrect use of the data described and/or contained herein. These data and related graphics, if available, are not legal documents and are not intended to be used as such. The information contained in these data is dynamic and may change over time and may differ from other official information. The Agencies and Institutions participants give no warranty, expressed or implied, as to the accuracy, reliability, or completeness of these data.

Natural gas storage opening and closing inventories, injections, withdrawals and adjustments reported in gigajoules and cubic metres, monthly, January 2016 to present.

Global Natural Gas Storage Market is anticipated to experience remarkable expansion, with a projected Compound Annual Growth Rate (CAGR) of 5.67% from 2025 to 2033. According to the market analysis, the market size is forecasted to reach USD 14.02 Billion by the end of 2033, up from USD 8.54 Billion in 2024.

The Global Natural Gas Storage market size to cross USD 14.02 Billion by 2033. [https://e

China Petroleum & Natural Gas: Inventory: Finished Product data was reported at 9.770 RMB bn in May 2018. This records a decrease from the previous number of 9.950 RMB bn for Apr 2018. China Petroleum & Natural Gas: Inventory: Finished Product data is updated monthly, averaging 9.490 RMB bn from Mar 1999 (Median) to May 2018, with 207 observations. The data reached an all-time high of 15.986 RMB bn in Nov 2009 and a record low of 3.800 RMB bn in Dec 2003. China Petroleum & Natural Gas: Inventory: Finished Product data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.BGE: Petroleum and Natural Gas.

China Industrial Inventory: Petroleum & Natural Gas data was reported at 26.230 RMB bn in Sep 2018. This records a decrease from the previous number of 26.240 RMB bn for Aug 2018. China Industrial Inventory: Petroleum & Natural Gas data is updated monthly, averaging 28.460 RMB bn from Jan 2012 (Median) to Sep 2018, with 81 observations. The data reached an all-time high of 34.390 RMB bn in Nov 2013 and a record low of 20.340 RMB bn in Dec 2017. China Industrial Inventory: Petroleum & Natural Gas data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BC: Inventory: by Industry.

Natural Gas Storage Market Outlook

As per our latest research, the global natural gas storage market size reached USD 12.8 billion in 2024, driven by increasing demand for reliable energy supplies and the need for energy security across key economies. The market is expected to grow at a robust CAGR of 4.9% during the forecast period, reaching USD 19.9 billion by 2033. This growth is underpinned by the expansion of gas-fired power generation, rising consumption from residential and industrial sectors, and ongoing investments in infrastructure modernization. The market’s upward trajectory is further bolstered by the transition toward cleaner fuels and the integration of renewables, which elevate the importance of flexible natural gas storage solutions.

One of the primary growth factors for the natural gas storage market is the increased volatility in energy demand and supply, particularly in regions experiencing seasonal fluctuations. The ability to store natural gas during periods of low demand and release it during peak periods ensures a stable and reliable supply to end-users. This balancing function is critical for grid stability, especially as the share of intermittent renewable energy sources grows. Furthermore, geopolitical concerns and disruptions in gas supply chains have led governments and energy companies to prioritize strategic gas storage, further propelling market expansion. The flexibility offered by advanced storage facilities, such as salt caverns and LNG tanks, makes them indispensable assets in the modern energy landscape.

Another significant driver is the ongoing decarbonization and energy transition efforts undertaken by both developed and emerging economies. As countries set ambitious targets for reducing greenhouse gas emissions, natural gas is increasingly viewed as a transitional fuel, offering a cleaner alternative to coal and oil. The integration of renewable energy sources, such as wind and solar, has heightened the need for flexible backup options, with natural gas storage playing a pivotal role. Investments in upgrading aging storage infrastructure and the development of new, technologically advanced facilities are further stimulating market growth. Additionally, regulatory support and favorable policies aimed at enhancing energy security are attracting substantial capital inflows into this sector.

Technological advancements in storage facility design and operational efficiency are also shaping the trajectory of the natural gas storage market. Innovations in monitoring, automation, and safety systems are reducing operational risks and costs, making storage investments more attractive. The adoption of digital technologies, such as IoT-enabled sensors and predictive analytics, is optimizing storage operations and enabling better demand forecasting. These advancements not only improve reliability but also enhance the overall economic viability of storage projects. As the market matures, the focus is shifting toward integrating storage solutions with broader energy management systems, further amplifying their value proposition.

From a regional perspective, North America continues to dominate the natural gas storage market, accounting for the largest share in 2024, followed closely by Europe and Asia Pacific. The extensive network of underground storage facilities in the United States and Canada, coupled with robust regulatory frameworks, ensures a high degree of market maturity. In Europe, the ongoing energy transition and concerns over supply security, particularly in light of geopolitical tensions, are driving investments in both new and existing storage facilities. Meanwhile, rapid industrialization and urbanization in Asia Pacific are fueling demand for flexible energy solutions, positioning the region as a key growth engine for the global market. Latin America and the Middle East & Africa, though smaller in market size, are expected to witness steady growth due to increasing energy demand and infrastructure development.

Storage Type Analysis

Th

Natural Gas Storage Market is projected to reach USD 16.5 Billion by 2034, with a 4.3% CAGR from 2025 to 2034.

Natural gas fell to 3.52 USD/MMBtu on July 17, 2025, down 0.75% from the previous day. Over the past month, Natural gas's price has fallen 11.65%, but it is still 65.84% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on July of 2025.

Taiwan Energy Inventory: Change: Natural Gas data was reported at 53.530 KLOE th in Oct 2018. This records an increase from the previous number of -220.709 KLOE th for Sep 2018. Taiwan Energy Inventory: Change: Natural Gas data is updated monthly, averaging 14.356 KLOE th from Jan 1982 (Median) to Oct 2018, with 442 observations. The data reached an all-time high of 258.718 KLOE th in Dec 2004 and a record low of -220.709 KLOE th in Sep 2018. Taiwan Energy Inventory: Change: Natural Gas data remains active status in CEIC and is reported by Bureau of Energy, Ministry of Economic Affairs. The data is categorized under Global Database’s Taiwan – Table TW.RB001: Energy Supply: Bureau of Energy, Ministry of Economic Affairs.

Snapshot img

Underground Gas Storage Market Size 2024-2028

The underground gas storage market size is forecast to increase by USD 10.2 billion at a CAGR of 5.34% between 2023 and 2028.

The market is experiencing significant growth due to increasing energy demand and advancements in drilling techniques, seismic imaging, and reservoir management technologies. These innovations enable the efficient extraction and storage of natural gas, making UGS an essential component of the global energy mix. Hydrogen storage in underground facilities is an emerging trend. 
However, constructing underground storage facilities for gas presents challenges, including high capital costs, complex regulatory requirements, and geological risks. Addressing these challenges requires continued investment in research and development, as well as collaboration between industry stakeholders and regulatory bodies. By overcoming these hurdles, the market is poised to continue its expansion and contribute to a more sustainable energy future.

What will be the Size of the Market During the Forecast Period?

Request Free Sample

Underground gas storage has emerged as a vital component of the global energy landscape, providing a stable and secure means of storing large volumes of natural gas for various applications. With an expanding industrialization process and increasing natural gas consumption, the need for underground gas storage facilities has grown significantly. These facilities, which can hold billions of cubic meters of natural gas, are typically constructed in depleted gas reservoirs, salt caverns, and aquifer reservoirs. The technology used in underground gas storage involves injecting natural gas into geologic formations, such as depleted oil and gas fields, salt caverns, and aquifers.
Moreover, the natural gas is stored under high pressure, allowing for efficient inventory management and energy resource backup during periods of high demand, particularly during the winter season. The underground gas storage industry is witnessing several market dynamics, including the transition towards cleaner energy sources and the increasing importance of energy security concerns. Hydrogen, as a potential cleaner energy source, is being explored for use in underground gas storage facilities, providing an opportunity for technology transfer from the oil and gas industry. Moreover, the price volatility of natural gas and the need for stable supply have further emphasized the importance of underground gas storage.
Additionally, groundwater utilization is also a critical consideration in the design and operation of these facilities to minimize environmental impact. Inventory management is a key aspect of underground gas storage, ensuring an adequate supply of natural gas for gas distribution networks and energy consumers. The use of advanced technology and techniques in the storage industry continues to evolve, enabling the efficient and safe storage of large volumes of natural gas. Carbon dioxide (CO2) storage is another application of underground gas storage facilities, providing a means of reducing greenhouse gas emissions and mitigating the environmental impact of fossil fuel reserves. Overall, the market is poised for growth, driven by the need for energy security, stable supply, and the transition towards cleaner energy sources.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Depleted fields
  Aquifer reservoir
  Salt caverns


Product

  Natural gas
  Hydrogen
  Others


Geography

  Europe

    Germany


  North America

    Canada
    US


  APAC



  Middle East and Africa



  South America

By Type Insights

The depleted fields segment is estimated to witness significant growth during the forecast period.

Underground gas storage (UGS) is an essential component of the natural gas infrastructure, utilizing depleted oil and gas reservoirs for confining natural gas post-extraction. The suitability of a depleted field for UGS depends on its geographic and geological characteristics. Proximity to regions of high natural gas consumption facilitates efficient transportation and distribution. Geological factors, such as porosity and permeability, determine the reservoir's capacity to store and release natural gas. Porosity affects the quantity of gas the reservoir can hold, while permeability influences the outward flow rate. Price volatility and the shift towards hydrogen as a cleaner energy source are key challenges for the UGS market. However, UGS plays a crucial role in mitigating price volatility and ensuring energy security. Hydrogen storage in UGS facilities is an emerging trend, offerin

The South Central region has the largest natural gas storage capacity in the United States, at 899 billion cubic meters as of June 2022. By comparison, Alaska had the smallest storage capacity, at 24 billion cubic meters at that time.