US EditionWhat the Low Filling Levels of the German Gas Storage Tanks Mean for the Prices
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4 Articles
In fact, the German gas storage systems should have been partially filled up. However, there is currently a yawning emptiness there. Thus, even in the largest gas storage system in Germany, in Rehden. This is only two percent filled. The speculative behaviour of the energy companies could avenge itself in the coming winter. Already at the end of March Report24 reported that the European gas storage systems are only slowly replenished. Now it is …
Liquefied natural gas (LNG) terminals covered 8% of total gas imports from Germany in the first half of the year, a level similar to last year. According to the media, representatives of the energy sector have expressed concern that the increase in the share of LNG may lead to a decrease in gas storage levels due to the lack of incentives for storage operators.
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LVZ - Leipziger VolkszeitungIn the underground reservoirs there is extremely little natural gas for the next winter. This also has to do with laxer specifications of the new federal government. Storage operators warn of bottlenecks at really cold temperatures.
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