German Gas Storage Operators Optimistic for Next Winter
01.15.2023 By TankTerminals.com - NEWS

January 15, 2022 [Reuters] – German gas storage operators expressed optimism on Tuesday that there will not be supply problems next winter due to declining consumption and said there is no chance of shortage this winter.

 

Even if Russian pipeline deliveries cease completely and liquefied natural gas imports (LNG) were to decrease, it would be possible to refill facilities for the 2023-24 cold season, said the INES German gas storage system operators association.

For this winter, no shortage is expected, it added. “Even with extremely low temperatures and the occurrence of risk factors, there will be no gas shortage in Germany,” said INES.

At present, storage facilities are still more than 90% full. By the beginning of February, they are legally required to be 40% full, though thanks to mild weather, many facilities are even able to increase their fill levels on many of the days.

Germany’s network regulator chief said last week that considerably less gas was used in the 52nd calendar week of 2022 than in previous years, with consumption down 30% from the average over the past four years.

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

NextChem (MAIRE) Awarded the Licensing and Process Design Package for a Sustainable Aviation Fuel (SAF) Project Based on its Proprietary NX PTU™ and NX SAF™ BIO Technologies in Indonesia
12.20.2024 - NEWS
December 20, 2024 [Maire Group]- MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technol... Read More
U.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. crude oil exports to northwest Europe are likely to slip early ... Read More
Energy Transfer's Unit Signs LNG Agreement with Chevron
12.20.2024 - NEWS
December 20, 2024 [Reuters]- U.S. pipeline operator Energy Transfer said on Thursday its unit has... Read More
Kinder Morgan's Unit to Go Ahead with $1.4 bln Mississippi Crossing Project
12.20.2024 - NEWS
December 20, 2024 [Reuters]- Kinder Morgan said on Thursday its unit Tennessee Gas Pipeline will ... Read More