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Top 10 LNG Storage Companies 2026: Ranked by Portfolio

The ten largest LNG storage companies in 2026 collectively control more than 300 million tonnes per annum (MTPA) of liquefaction and regasification capacity across six continents. QatarEnergy sits at the top by sheer scale, but the list below reflects a genuinely competitive global field — shaped by the post-2022 supply disruption, accelerating US export capacity, and the structural shift of LNG from swing fuel to baseload supply.

How We Ranked the Top 10 LNG Storage Companies

Rankings are based on total LNG storage and processing capacity operated or equity-held — combining liquefaction output (MTPA), regasification send-out capacity (Bcf/d), and floating storage fleet size where applicable. Companies are ranked on the breadth and scale of their LNG storage infrastructure, not on total corporate revenue or gas production volumes alone.

All capacity figures are sourced from operator announcements, GIIGNL annual reports, and IEA data. Where figures are estimated rather than operator-confirmed, this is noted.

Top 10 LNG Storage Companies in 2026

1. QatarEnergy — Qatar

QatarEnergy operates the world’s largest LNG export infrastructure, anchored by the Ras Laffan Industrial City complex on Qatar’s northeast coast. Current liquefaction capacity stands at approximately 77 MTPA across 14 trains operated through joint ventures with Shell, TotalEnergies, ExxonMobil, and ConocoPhillips. The North Field Expansion project — the largest LNG expansion in history — is progressing toward a target capacity of 142 MTPA by the early 2030s. QatarEnergy’s storage infrastructure includes cryogenic LNG tanks at Ras Laffan with a combined working capacity exceeding 1.4 million cubic metres.

2. Shell — Netherlands / Global

Shell is the largest private-sector LNG storage company by portfolio breadth, with equity positions across liquefaction, regasification, and floating storage spanning Australia, Trinidad, Nigeria, Oman, and the United States. Shell’s operated and equity LNG capacity exceeds 30 MTPA, with major assets including Prelude FLNG (3.6 MTPA), QatarEnergy joint ventures, and a growing US export position through its stake in the Lake Charles project. The company’s global LNG trading operation — consistently one of the world’s largest by cargo volume — is backed by dedicated storage capacity at key import terminals.

Full profile: Shell LNG Terminals: Global Portfolio & 2026 Strategy.

3. TotalEnergies — France / Global

TotalEnergies holds one of the most geographically diversified LNG storage portfolios of any private operator, with a 44 MTPA equity position across liquefaction assets in Qatar, Nigeria, Russia (legacy), Papua New Guinea, Angola, and Mozambique. The company is also a major participant in European regasification, with terminal capacity in France, Belgium, and the UK. TotalEnergies’ storage infrastructure spans both cryogenic export tanks at liquefaction plants and import terminal capacity across its European trading network.

See the full profile: TotalEnergies LNG Storage: 44 MTPA Portfolio & 2026 Strategy.

4. ExxonMobil — United States / Global

ExxonMobil holds equity positions in approximately 25 MTPA of global LNG liquefaction capacity, with major stakes in Papua New Guinea LNG (6.9 MTPA, operator), Golden Pass LNG (currently under construction in Texas), and long-standing QatarEnergy joint ventures at Ras Laffan. Golden Pass — a 18 MTPA greenfield liquefaction project on the US Gulf Coast — is one of the most significant LNG storage and processing assets under construction anywhere in the world in 2026. ExxonMobil’s LNG storage positions are concentrated in export infrastructure rather than import terminals.

5. BP — United Kingdom / Global

BP operates and holds equity in LNG storage infrastructure across four continents, with key assets including Tangguh LNG in Indonesia (11.4 MTPA, operator), the Greater Tortue Ahmeyim FLNG project off Mauritania and Senegal, and equity positions in the Atlantic LNG facility in Trinidad. BP is one of the top five LNG traders globally by volume, with dedicated storage capacity at import terminals in the UK, Spain, and the Netherlands supporting its European marketing operations.

Full profile: BP LNG Terminals: Tangguh, GTA & a $3.7bn Dispute.

6. Chevron — United States / Global

Chevron operates two of the largest LNG facilities in the Southern Hemisphere: Gorgon LNG (15.6 MTPA, operator) and Wheatstone LNG (8.9 MTPA, operator), both located in Western Australia. Combined, these two assets give Chevron operated liquefaction storage capacity of approximately 24.5 MTPA — the largest operated LNG footprint of any US major. Chevron is also progressing carbon capture and storage integration at Gorgon, with the Gorgon CCS project designed to inject CO₂ from reservoir gas into a deep saline formation beneath Barrow Island.

7. Sempra Infrastructure — United States

Sempra Infrastructure has emerged as one of the most significant US LNG storage developers of the current export buildout cycle. Its Cameron LNG facility in Louisiana (Phase 1: 12 MTPA) has been in commercial operation since 2019; Port Arthur LNG Phase 1 (13.5 MTPA) reached a positive final investment decision and is advancing toward first LNG. The ECA LNG project in Baja California, Mexico, adds a Pacific-facing export option. Sempra’s combined permitted and under-construction LNG export capacity makes it one of the three largest US LNG storage operators in 2026.

8. Woodside Energy — Australia

Woodside Energy is Australia’s largest independent LNG storage operator, with the Northwest Shelf LNG venture (16.9 MTPA) and Pluto LNG (4.9 MTPA) forming the core of its portfolio. The Scarborough-to-Pluto Train 2 expansion — targeting first LNG in 2026 — will add approximately 5 MTPA of liquefaction capacity and associated cryogenic storage. Woodside’s merger with BHP’s petroleum assets in 2022 significantly increased its upstream gas inventory backing these storage positions.

9. Eni — Italy / Global

Eni has rapidly expanded its LNG storage and trading position over the past three years, driven by the post-2022 European energy crisis and Italy’s structural need to replace Russian pipeline gas. Key assets include equity positions in Mozambique LNG (delayed but progressing), Congo LNG, and participation in the Coral FLNG vessel offshore Mozambique — the first FLNG operating in African waters. Eni’s LNG storage portfolio is weighted toward upstream production and export, with import terminal access secured through long-term capacity bookings at European regasification facilities.

10. Equinor — Norway / Global

Equinor operates the Hammerfest LNG plant on Melkøya island in northern Norway — Europe’s only large-scale baseload LNG export facility, with a nameplate capacity of approximately 4.3 MTPA. Hammerfest supplies LNG to customers across Europe and Asia, and the plant’s cryogenic storage infrastructure plays a direct role in Norwegian gas supply security. Equinor also holds a growing US LNG position through its equity stake in the Lake Charles LNG project and participates in European import terminal capacity to support its trading operations.

LNG Storage Companies: 2026 Capacity Summary

RankCompanyHQKey LNG Asset(s)Approx. Capacity
1QatarEnergyQatarRas Laffan (14 trains)77 MTPA (expanding to 142)
2ShellNetherlandsPrelude FLNG, QatarEnergy JVs30+ MTPA equity
3TotalEnergiesFranceQatar, Nigeria, PNG, Angola44 MTPA equity
4ExxonMobilUnited StatesPNG LNG, Golden Pass (U/C)~25 MTPA equity
5BPUnited KingdomTangguh, GTA FLNGMulti-basin equity positions
6ChevronUnited StatesGorgon, Wheatstone~24.5 MTPA operated
7Sempra InfrastructureUnited StatesCameron, Port Arthur25.5 MTPA permitted/operating
8Woodside EnergyAustraliaNorthwest Shelf, Pluto~22 MTPA operated
9EniItalyCoral FLNG, Mozambique LNGGrowing equity position
10EquinorNorwayHammerfest LNG4.3 MTPA operated

What Shapes Rankings Among LNG Storage Companies in 2026

Three forces are actively redistributing LNG storage capacity rankings. First, the US export buildout — with Venture Global, Sempra, and Cheniere collectively adding more than 60 MTPA of new capacity through the decade — is shifting the operator league table toward North American players. Second, QatarEnergy’s North Field Expansion will cement its position as the dominant single-country storage operator for the foreseeable future, with no comparable greenfield development at scale outside the US.

Third, the role of floating storage and regasification units (FSRUs) is blurring the line between storage operators and infrastructure traders. Companies that previously had no fixed LNG storage footprint now hold chartered FSRU capacity at European import terminals, expanding the effective pool of LNG storage companies beyond the traditional liquefaction-anchored list.

For a breakdown of global receiving infrastructure, see the Top 10 LNG Terminals in the World 2026. The broader context for these lng storage companies sits within the LNG Storage 2026: Qatar Supply Shock Resets the Market analysis.

Which company has the largest LNG storage capacity in 2026?

QatarEnergy operates the world’s largest LNG storage and liquefaction complex at Ras Laffan, Qatar, with current capacity of approximately 77 MTPA across 14 trains. Its North Field Expansion will lift this to 142 MTPA by the early 2030s, extending its lead over all private-sector operators.

What criteria are used to rank LNG storage companies?

Rankings combine total operated and equity-held LNG storage and processing capacity — including liquefaction output in MTPA, regasification send-out capacity in Bcf/d, and FSRU fleet positions where applicable. Corporate revenue and upstream production volumes alone are not used as ranking criteria.

Which US companies rank in the top 10 LNG storage companies?

Three US companies feature in the 2026 top 10: ExxonMobil (ranked 4th, with PNG LNG and the Golden Pass development), Chevron (6th, operating Gorgon and Wheatstone in Australia), and Sempra Infrastructure (7th, with Cameron LNG operational and Port Arthur LNG under construction).

How is LNG actually stored at a terminal?

LNG is stored in double-walled cryogenic tanks at temperatures of approximately -162°C. Full containment tanks — with an inner steel tank and an outer concrete or steel shell — are the industry standard for large-scale export and import facilities. Storage capacity at a single train can range from 80,000 m³ to over 200,000 m³ per tank.

What is driving new LNG storage investment in 2026?

European demand security following the 2022 Russian gas supply disruption has been the primary investment trigger, accelerating final investment decisions on US Gulf Coast liquefaction projects and new FSRU deployments at European import terminals. QatarEnergy’s North Field Expansion and ongoing Australian developments are driven by long-term Asian demand contracts, particularly from Japan, South Korea, China, and India.

Richard Hartleyhttps://www.oilgasstoragenews.com
Richard Hartley — Editor, Oil & Gas Storage News Richard Hartley is the Editor of Oil & Gas Storage News, a specialist B2B publication covering tank terminals, LNG infrastructure, pipelines, and energy storage worldwide. He covers the full value chain — from upstream storage and midstream logistics through to downstream terminal operations — with a focus on market developments, company profiles, and infrastructure projects that matter to working professionals. Richard's reporting draws on industry data, operator announcements, and project filings to deliver technically credible news and analysis. He is based in Houston, Texas
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