Americas: Storage

May 2016

The US and Canada have had a slow start to the 2016 gas injection season, but this will not prevent them from hitting their storage limits by the start of the winter.

The two countries already have healthy gas stocks, and the injection season will improve them further. The US had 75.87 bcm of gas in storage in the week ending 6 May, an increase of 43.8% on an annual basis and 43.5% higher than the five-year average. Meanwhile, Canada had 15.23 bcm of gas in storage, equal to 70% of capacity and an increase of 66.2% year on year.