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Thanks to gas imports and LNG: things are looking good for gas storage

2023-04-06T17:51:35.609Z


Germany is doing surprisingly well through the heating period. What a look at the memory states reveals.


Germany is doing surprisingly well through the heating period.

What a look at the memory states reveals.

Brussels - The filling level of the German gas storage facilities is still stable.

On Tuesday morning, too, the storage facilities were almost two-thirds full, according to preliminary data from the European gas storage association GIE on Thursday.

The total filling level of the German storage was therefore 64.05 percent.

That was 0.25 percentage points less than the day before and 0.18 percentage points less than on Tuesday last week.

The lowest fill level of the current year so far was recorded on March 17 at 63.67 percent.

A year earlier, on March 17, 2022, German storage facilities were only 24.56 percent full.

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The LNG shuttle tanker “Coral Favia” is anchored in front of the port city of Sassnitz: German gas storage facilities are well filled with LNG.

© Stefan Sauer/dpa

In November 2022, Germany's gas storage facilities were 100 percent full

The largest German storage facility in Rehden, Lower Saxony, which was controlled by the Russian state-owned company Gazprom until the beginning of April 2022, was 79.6 percent full on Tuesday morning.

EU-wide the fill level was 55.6 percent.

That was 0.1 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 filling level of 100 percent was recorded in Germany.

In winter, the fill levels usually decrease.

From the end of March/beginning of April, more is usually stored than withdrawn.

Accordingly, the so-called storage year ends for the storage operators on March 31st.

Gas in Germany: From Norway, Belgium and LNG

It should be noted that, in addition to being withdrawn from the storage facilities, gas continues to flow to Germany through pipeline imports.

On Tuesday, according to the Federal Network Agency, Germany received natural gas from Norway, the Netherlands, Belgium and via new LNG terminals on the German coasts.

Three special ships are now in use there, which bring the deep-frozen, liquefied natural gas back into a gaseous state and then feed it into the transmission network.

(dpa/row)

List of rubrics: © Stefan Sauer/dpa

Source: merkur

All news articles on 2023-04-06

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