Energy: Gas Storage in Germany 69.5 Percent Full
03.06.2023 By TankTerminals.com - NEWS

March 6, 2023 [INDO & NY] – Germany continues to save gas.

 

In the past week, gas consumption was 18.2 percent below the average consumption for the years 2018 to 2021, as the Federal Network Agency reported today. The slightly higher average temperatures may also have helped: They were 1.1 degrees above the average of the four reference years.

Industry used 20 percent less, households and businesses 16 percent less. Authority President Klaus Müller described the decline as “relevant”. “Every saving is easy on the wallet and helps the climate

As is usual in winter, the filling levels in German gas storage facilities are currently falling. According to preliminary data, the total filling level on Wednesday morning was 69.5 percent. That was almost 0.6 percentage points less than the day before, according to data from the European gas storage association GIE. For comparison: a year earlier the fill level was 28.6 percent.

Level in the EU at around 61.1 percent

The largest German storage facility in Rehden, Lower Saxony, was 84.6 percent full on Tuesday. Across the EU, the fill level was around 61.1 percent. That was 0.5 percentage points less than the day before.

The storage facilities compensate for fluctuations in gas consumption and thus form a buffer system for the market. On the morning of November 14, a fill level of 100 percent was recorded.

It should be noted that in addition to gas withdrawal from the storage facilities, gas continues to flow to Germany through pipeline imports. According to the Federal Network Agency, Germany received natural gas from Norway, the Netherlands, Belgium and France on Tuesday. Gas now also flows into the German transmission network via new LNG terminals on the German coast.

Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More