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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.
NATGAS
German natural gas consumption in the week to June 16 fell 12.8% from the previous week and was 3.6% below the 2018-21 average, Bnetza data showed. Industrial demand fell 19.4% to reverse the surge higher seen the previous week while demand from households and small businesses was up by 17.7%.
- Industrial gas consumption fell to 1,148GWh/d last week compared to 2023 levels of 1,054GWh and 10.8% below the 2018-21 average. Gas consumption from electricity generation is also included in the data.
- Demand from households and small businesses also rose to 372GWh/d last week, from 213GWh/d in 2023 and 28.7% above the 2018-21 average.
- German gas demand stood 11.3% above the 2018-21 average the week prior.
- Natural gas inventories in Germany continue the gradual rise up to 77.31% full on June 19 from 75.54% a week earlier with injection rates closer to normal this week.
Source: Bundesnetzagentur
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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