Americas: Storage

The arrival of the shoulder months in the US and Canada will ensure the two countries will be glutted with gas.

Gas injection rates in the US and Canada are low, which resulted in the rare phenomenon of both countries making net storage withdrawals in July. Storage operators are unwilling to increase injection rates as both the US and Canada have ample stocks. US operators injected gas at an average rate of 1.29 bcm per week in the first 18 weeks of the current injection season - lower than the 2.28 bcm/week average during the same period last year. The average rate in Canada during the same period was 0.25 bcm/week compared with 0.42 bcm/y for the same weeks in 2015.

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up