A type of commodity, which although it may be applied to any physicalcommodity, usually describes the ability to store natural gas in its gaseous state
Storage facilities usually consist of natural structures (depleted gas fields for example) that are attached to the gas pipeline network
Details
Storage may be bought from the Storage operators in auctions or traded
Storage allows the option to inject gas into storage, or release gas from storage
The commercial use of storage is generally to allow gas to be transferred into Storage (injected) in Summer months when the prices are low, and released (withdrawn) in the peak Winter months when gas prices are high