Americas: Storage

September 2017

Low gas stocks in the US and Canada will tighten their gas markets during the 2017-2018 withdrawal season.

US gas demand is expected to decline year on year in 2017, but so is the country’s gas production, with the impact evident in the storage situation. The US had 91.2 bcm of gas in storage for the week ending 1 September. This was 67.3% of capacity and 6.2% below the level seen during the same week in 2016. US stocks have remained persistently down on an annual basis throughout the 2017 injection season. They were only 0.5% above the five-year average for the week ending 1 September compared with 14.6% above the five-year average at the start of the injection season, which highlights the narrowing gap.

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