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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.
NATURAL GAS
German gas consumption declined on the week and stood 12%, temperature-adjusted, below the 2018-2021 average last week, driven by higher gas savings in the industrial sector, Bnetza data show.
- German gas consumption in calendar week five stood 14.3% below the 2018-21 average. Demand declined by 13% week on week amid milder weather.
- Temperature adjusted demand stood 12% below the average, missing the country’s 20% gas demand reduction target.
- German industrial gas consumption last week stood lagged 2018-2021 average levels by 18.4%, while demand from households and businesses stood 10.2% below the average.
- German gas storage capacity stood at 75.4% of capacity on 7 Feb, down from 78.6% a week earlier, AGSI data show.
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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