Gas storage news

War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting LNG trains, refineries, fuel terminals, and critical gas-to-liquids facilities across the region, according to Rystad Energy.

The US exported approximately 0.3 billion ft3/d of LNG to destinations in the Caribbean in 2025, according to the U.S. Department of Energy’s LNG Exports and Re-Exports Details.

JERA Co., Inc. has signed a memorandum of understanding with Korea Gas Corp. with the aim of strengthening energy security in Japan and the Republic of Korea.

The US Energy Information Administration (EIA) has published its latest Short-Term Energy Outlook (STEO).

Wood Mackenzie warns Middle East conflict threatens 200 million tpy of Asian LNG demand growth over next decade as Qatar declares force majeure on shipments.

The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.

Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15% of global oil supply and 20% of global LNG supply if tanker flows are not quickly restored, according to Wood Mackenzie.

Baker Hughes and Vallourec have signed an agreement to advance hydrogen storage solutions for the green hydrogen market.

The Tank Storage Association has officially launched its 2026 Careers Week campaign, an initiative aimed at showcasing career and apprenticeship opportunities in the bulk storage and energy infrastructure sector.

Worley has been awarded a contract by Samsung C&T Corp. to deliver detailed engineering services for the QatarEnergy LNG Carbon Dioxide Sequestration Project in Qatar.