What is working gas volume?

Working Gas Volume

The working gas volume (WGV) is the amount of natural gas that can be injected, stored and withdrawn during the normal commercial operation of a natural gas storage facility. The definition of WGV is the total volume of a gas storage minus the cushion gas. The cushion gas is the gas that is required to stay in the gas storage to maintain adequate pressure and injection and withdrawal rates in the storage.

working gas volume natural gas storage facility

Natural gas storage facility in Russia

KYOS Software models and Advisory

Natural gas portfolio management is about managing price and volume risks. KYOS helps to optimize a portfolio with natural gas storage and swing contracts. Trade in the markets to maximize the flexibility value and minimize risks!

For example, our flagship software model KyStore supports traders and portfolio managers in natural gas markets. The gas storage optimization software not only raises revenues from gas storage trading operations, but also provides accurate valuations and reduces risk with adequate hedge recommendations. The model uses advanced stochastics including Least Squares Monte Carlo techniques to capture the full optionality in gas storage facilities.

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