Abstract: An improved offshore submarine storage facility in the ocean and like water bodies for storing liquified energy gases and similar liquid materials under pressure and at cryogenic temperatures is disclosed. The facility includes a two-part insulated submarine storage tank positioned at a selected depth in the water for storing said materials, wherein the two parts thereof move in a slidably sealing engagement relative to each other to form an insulated compression storage chamber. The tank also includes ambient water pressure transfer means for transferring external ambient water pressure to the materials stored therein. Mechanical pressure transfer devices increase the pressure applied to the materials stored therein to achieve a total pressure which promotes and aids maintenance of liquid state of the stored cryogenic materials.

Abstract: Cryogenically cooled and liquified energy gases are stored at substantial depth offshore in an insulated container normally resting on the seabed. Piston action of the container promotes liquid state of the liquified gases by transfer thereto of controlled pressure derived totally or in part from the ambient deep seawater.