As an energy company, Niska Gas Storage plays a pivotal role in the industry. The company owns and operates storage systems that are capable of holding billions of tons of natural gas. It is in Wayne, Pennsylvania that the business holds its corporate office.
Incorporated in January 2010, the business has several facilities across North America, that helped bolster the company’s position in the market as the largest owner and operator of natural gas storage assets in the region. Its properties are capable of holding about 250.5 billion cubic feet (Bcf) of working gas. These assets are also leased to various companies, who are in need of these facilities.
Part of the assets of Niska Gas Storage is the AECO Hub in Alberta, Canada, Wild Goose storage facility in Northern California and the Salt Plains storage facility in Oklahoma. The company is listed as a component of the Wilshire 5000 Index and is traded publicly on the New York Stock Exchange (NKA).