Free Trial
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.
NATGAS
Total European gas storage was up to 73.41% full on June 16 according to GIE compared to the five year seasonal average of 63.0% with net injection rates increasing back to near normal in recent days.
- Net injections rates have risen over the last week from 44.5% below the previous five year average levels in the week to June 9 to just 28.5% below normal in the week to June 16. Injection rates have even risen just above normal on June 15-16.
- Net injections averaged 2,759GWh/d in the week to June 16 compared to the five year average for the period of just under 3,860GWh/d.
- Injection rates have averaged 31% below normal since the start of April and a continuation at this rate would bring European storage up to the EU target of 90% by September 11.
- Storage in Germany is at 187.15Wh (75.6% full), Italy at 157.7TWh (78.8%), Netherlands at 96.05TWh (66.7%), France at 81.8TWh (63.5%). and Austria at 81.2TWh (80.8%).
Source: Bloomberg / GIE
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok