The Preferred Natural Gas Conservation Option: Underground Storage of Natural Gas

Abstract

Abstract The need to conserve energy sources has gained awareness in the world. Natural gas which is a kind of energy source is oftentimes wasted either in the form of gas flaring or venting, These practices had generated great concerns in the world. The aim of this proposal is to emphasize the need to conserve natural gas through storage. The different types of natural gas storage methods were compared in order to select the most viable option. The Underground gas storage method (UGS) was selected as the preferred option and it was discussed. Most importantly, a software was developed to perform economic analysis for the different storage methods and the determination of the UGS performance evaluation parameters.