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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.
NATGAS
German natural gas consumption in the week to June 30 fell 9.9% from the previous week and was 18.9% below the 2018-21 average, Bnetza data showed. Industrial demand fell 5.4% from the previous week while demand from households and small businesses was down 29.3%.
- Industrial gas consumption fell to 1,070GWh/d last week compared to 2023 levels of 1,028GWh and 18.1% below the 2018-21 average. Gas consumption from electricity generation is also included in the data.
- Demand from households and small businesses fell to 186GWh/d last week, compared to 206GWh/d in 2023 and 23.5% below the 2018-21 average.
- German gas demand stood 12.1% below the 2018-21 average the week prior.
- Natural gas inventories in Germany are up to 81.86% full on July 2 from 79.38% a week earlier with injection rates back near normal so far in July after seeing above normal since June 22.
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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