Abstract: In allusion to the West-to-East Gas Transmission Project and Sinopec Tabamiao——Ji'nan Gas Trans-mission Project, the study on site selection for underground gas storage with the current gas reservoir in Zhongyuan Area is made. The standard for establishing underground gas storage with the current gas reservoir is presented, and a comprehensive geological evaluation on 4 selected sites is carried out. Aimed at underground natural gas storage target, the systemic feasibility analysis, such as gas entrapment, geological structure, capping formation, reservoir characteristic, natural gas property, original gas reserves, gas productivity and gas recovery efficiency, are made. The authors consider Gas Reservoir-96 as a first-selected site as underground gas storage in Zhongyuan Area.