The Former Soviet Union (FSU) is expected to lead the global planned and announced working gas capacity additions, contributing approximately 34% of the total global capacity additions by 2025, says GlobalData, a leading data and analytics company.
The company’s report, ‘Global Capacity and Capital Expenditure Outlook for Underground Gas Storage, 2021–2025 – Gazprom to Drive Global Working Gas Capacity Growth’, reveals that the FSU is expected to witness the highest capacity additions globally from planned and announced projects during the outlook period 2021 to 2025 with 1.1 trillion cubic feet (tcf).
Bhargavi Gandham, Oil and Gas Analyst at GlobalData, comments: “Russia and Uzbekistan primarily drive working …
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