Mississippi is Top Spot for $2.7 Billion in U.S. Natural Gas Storage Projects

SUGAR LAND--September 27, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite the boom in domestic natural gas production, there seems to be plenty of room to spare at U.S. natural gas storage facilities. Current natural gas storage remains well below benchmarks. Inventories stand at 2.72 trillion cubic feet, about 17.7% below the five-year average and nearly 20% below the same time last year, according to the U.S. Energy Information Administration (EIA). Industrial info is tracking nearly $2.7 billion in active U.S. natural gas storage projects, the vast majority of which are in Mississippi. Within this article: Details on some of the highest-valued natural gas storage projects in the U.S., including those from SeaOne Holdings LLC and D'Lo Gas Storage LLC. Other companies featured: BP plc (NYSE:BP)