H.5. Time of Development

Figure 113 is showing the development times from Phase 1 up to success to reach bankability. It is noteworthy to mention that beyond the average development times shown with the arrows, the range of values for reaching bankability in 2020 and not beyond, can impact the number of projects of deep saline formation types (both onshore and offshore).

Note: the line/arrow indicates the mean value (modal value) of the distribution

Figure 113: Development times for storage projects

Note: the line/arrow indicates the mean value (modal value) of the distribution

Figure 114: Evolution of development times for different storage projects up to and after 2020