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China Leads World’s Underground Gas Storage Buildup
Market Intelligence Analysis
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Why This Matters
China has significantly increased its underground gas storage capacity, adding 6 bcm and ranking 6th globally, according to the International Gas Union's latest report.
Market Impact
Market impact analysis based on bullish sentiment with 85% confidence.
Sentiment
Bullish
AI Confidence
85%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
China has increased its underground gas storage capacity by the most of any country since 2022, the International Gas Union (IGU) said in a new report on Monday. As of 2025, there are 699 underground natural gas storage facilities in operation worldwide, with a total working gas volume of 424 billion cubic metres (bcm), the IGU report found. That’s an increase of 10 bcm compared to 2022. “Of note is the fact that China added 6 bcm to its storage capacity, now ranking 6th globally,” the IGU said. The top five countries with the…
Original article published by
OilPrice.com
on October 27, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.