Italy to lead underground gas storage project starts in Europe by 2030
Yahoo Finance·2026-01-22 10:30
Italy, the UK, and Romania are slated to lead upcoming underground gas storage (UGS) project starts in Europe through 2030, underpinned by robust infrastructure, suitable geology—especially depleted fields that can be converted faster and cheaper when compared to new sites, and measures aimed at reducing reliance on imports, particularly from Russia. Italy is poised to lead Europe in terms of the UGS project starts, with 13 projects due to come online during the 2026 to 2030 outlook period. The country i ...