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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 19 May fell 5.8% from the previous week and was 26.5% below the 2018-21 average, Bnetza data showed. The rise was driven by a 7.2.% decline in industrial demand and a 1.6% fall in demand from households and small businesses.
- Industrial gas consumption stood at 1,132GWh/d last week compared to 2023 levels of 1,050GWh and 19.2% below the 2018-21 average.
- Demand from households and small businesses edged lower to 425GWh/d last week, from 497GWh/d in 2023 and 40.8% below the 2018-21 average.
- German gas demand stood 19.5% below the 2018-21 average the week prior.
- Natural gas inventories in Germany have risen to 71.44% full on 21 May from 69.70% a week earlier but with net injections falling back below normal in the last 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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