Oil and Gas Storage Global Market Development Strategy, Future Plans Analysis 2018 | Top Key Player: TechnipFMC plc , Magellan Midstream Partners, L.P. , Amec Foster Wheeler plc , The Vitol Group.| Industry Growth Analysis Forecast to 2023

Market Highlights:-
Oil and gas storage containers hold liquids, compressed natural gas for short or longer term storage. The deregulation of oil and natural gas operations has made storage an important part of operations for oil and gas companies. These stored oil and natural gas are increasingly used for commercial and operational purposes and requirements by oil and gas companies to meet seasonal demands. Oil and gas are stored in the period of low demand in storage facilities and are withdrawn from storage facilities during periods of peak and high demand. The oil and gas storage market is predominantly classified as underground storage and above ground storage.

Oil and gas are increasingly stored to meet the growing demand for energy. Oil is stored in tankers and other stationary facilities so it can be transported over vast distances and regions to meet the demand. Gas, on the other hand needs to be stored underground in facilities such as depleted oil and gas fields, salt caverns and aquifers.

Scope of the Report:-

The scope of the study segments the global oil and gas storage market by product type, by storage type and by region.

Global Oil and Gas Storage Market, By Product Type
• Oil
• Natural Gas

Global Oil and Gas Storage Market, By Storage Type
• Underground
• Aboveground

Global Oil and Gas Storage Market, By Region
• Europe
• North America
• Asia-Pacific
• Rest of the world

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Industry Major Key Players:
The major players operating in oil and gas storage market are Royal Vopak N.V. (The Netherlands), TechnipFMC plc (U.K.), Magellan Midstream Partners, L.P. (U.S.), Amec Foster Wheeler plc (UK), The Vitol Group (The Netherlands), WorleyParsons Limited (Australia), Niska Gas Storage Partners LLC (U.S.), Centrica plc (U.K.) and Chiyoda Corporation (Japan).

Table Of Contents:-
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
To be continued.....

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Market Research Analysis
Natural gas storage is expected to dominate the market in terms of product type. With gas being increasingly used for providing domestic heating in North America and Europe regions, storing gas for winter season demand is of prime importance to the countries in the region. Countries are eager to take advantage of the price drop of natural gas and are procuring it more than the required demand. This procured gas has to be stored so that it can be used again in the state of winter season demand. Natural gas is stored in underground inventory such as depleted reservoirs in oil and/or natural gas fields, aquifers, and salt cavern formations. Liquefied natural gas is stored in liquid or gaseous forms above ground.

Intended Audience
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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