Gas storage news

OCI Global has announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding to AGROFERT for a total consideration of €290 million.

Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.

DIALOG Group has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia.

Working natural gas in storage in the Lower 48 states ended the natural gas refill season with more than 3900 billion ft3, according to estimates based on data from the EIA’s Weekly Natural Gas Storage Report.

Emerson has announced the release of the Rosemount™ 2405 Monitoring Hub, a device that delivers full inventory control and monitoring of multiple storage tanks.

The British Columbia Utilities Commission has approved FortisBC Energy Inc.’s application for the Tilbury LNG storage expansion project, Canada.

The IGU has released its Underground Gas Storage – A Critical Pillar for Energy Security report, using data from the IGU’s members’ database and highlighting the role of gas storage as a pillar of the future energy system.

The EU’s carbon storage targets face a significant shortfall, with expected available injection capacity by 2030 falling well below the required 50 million tpy, according to new Wood Mackenzie analysis.

Hempel has launched Hempaline Defend 430, a tank lining created to help energy operators boost efficiency, minimise downtime, and extend maintenance intervals.

EnergyPathways is set to submit new hydrogen and natural gas storage licence applications in the East Irish Sea to support the MESH Project.