World

Weekly storage of natural gas in U.S. increases

Nov 18, 2022

Houston (Texas) [US], November 18:Working gas storage in the contiguous United States was 3,644 billion cubic feet in the week ending Nov. 11, a net increase of 64 billion cubic feet from the previous week, the U.S. Energy Information Administration (EIA) said Thursday in a report.
The total working gas storage increased by 0.1 percent from this time last year, but down 0.2 percent from the five-year average, according to the EIA's Weekly Natural Gas Storage Report.
The storage of working gas in the United States usually turns to decrease in November and continues to drop in April when heating season ends in the country, according to previous data.
Working gas is defined as the amount of natural gas stored underground that can be withdrawn for use. Its storage capacity can be measured in two ways: design capacity and demonstrated maximum working gas capacity.
The contiguous United States consists of the country's 48 adjoining states, plus the District of Columbia, and excludes the non-contiguous states of Alaska and Hawaii, and all off-shore insular areas.
Source: Xinhua

More news

Nava Limited Registers Highest Revenue and Profit at Consolidated Level for FY24

Hyderabad (Telangana) [India], May 17: NAVA Limited, a leading multinational conglomerate has announced impressive financial results for the fourth quarter and for fiscal year 2024. The company showcased an improved financial performance at standalone level during the quarter, marked by total debt repayment at Maamba Collieries Limited (MCL), its step-down subsidiary. The company has recorded highest ever Annual Earnings Per Share (EPS) of Rs 65.04/-.

May 17, 2024