Gas
NeuVentus Expands Texas Natural Gas Storage Project, Pushes FID Target to 2027
CEII brief
Natural Gas Intelligence reported on 19 Oct 2026: NeuVentus Expands Texas Natural Gas Storage Project, Pushes FID Target to 2027.
Read the full story on Natural Gas IntelligenceNeuVentus has added a third salt cavern to the first phase of its Texas Reliability Underground (TRU) Hub east of Houston, lifting planned working gas capacity 40% to 28 Bcf as Gulf Coast demand for flexible storage grows.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © Natural Gas Intelligence. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
