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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.
NATURAL GAS
European natural gas storage is up over 80% full despite the ongoing low injection rates as total gas in store rises to 80.15% full on 11 July according to GIE data compared to the five year average of 65.3%.
- Net European storage injections have averaged about 16% below normal in the week to 11 July at a rate of 3,070Wh/d compared to the five year average for the period of about 3,650GWh/d.
- Despite the below normal injection rates storage is still on track to comfortably reach the EU 90% full target before winter.
- Storage in Germany is at 207.5Wh (82.9% full), Italy is at 162.0TWh (83.0%), Netherlands at 117.1TWh (82.2%), Austria at 81.8TWh (84.4%) and France at 88.6TWh (66.2%).
Source: Bloomberg
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.
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