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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessDutch Gas Storage at 50%
Dutch gas storage hit 50% of its capacity over the weekend based on Gascade data, 2 months ahead of the milestone in 2021 as the Dutch government races to fill it to at least 80% by winter.
- The Dutch government is aiming to fill it’s Bergermeer facility, which is partly owned by Gazprom, to 68% by winter. Gazprom did not fill the site at all in 2021.
- The Netherlands is at phase one of its gas emergency crisis plan which in part has spurred a move towards higher volumes of coal to be burned at power stations. A cap was lifted last week which restricted Dutch gas power production from coal at 35%.
- Germany, Austria, Italy, the Netherlands and more recently France, have all signaled an intent to burn more coal to preserve gas. A swathe of EU countries have issued alerts on their gas supply from Russia in recent weeks, triggering actions such as emergency use of coal.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.