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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
German gas consumption declined by around 14.6% in March, compared to February, amid milder weather, Bnetza data showed.
- German gas consumption stood at 2870GWh in March, compared with 3359GWh in February.
- German gas demand in March stood 17.7% below the 2018-21 average, compared with 17.4% in February.
- Gas demand last week – calendar week 13 – stood 17.2% below the 2018-21 average but picked up 11.8% week on week amid colder weather.
- German gas storage stood at 64.05% of capacity as of 4 April, modestly lower than a week earlier. Net storage injections in Germany have started since 18 March, while some days continue to see some net withdrawals mostly due to colder weather and higher gas demand.
- Germany attempts to achieve a gas storage capacity of 75% by 1 Sep.
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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