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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 in January was 22.9% below the 2018-2021 average, while demand picked up towards the end of the month, lagging the country’s 20% gas reduction targets, Bnetza data show.
- Industrial gas demand in January stood 22.7% below the 2018-2021 average, while households and businesses consumed 23.1% less gas.
- Gas consumption during calendar week four (24-30 Jan) rose 8.2% week on week and stood 8.6% below the 2018-2021 average. Temperature-adjusted demand during the period stood 14% below the average, missing the country’s 20% reduction target.
- German gas storage reserves stood at 78.6% of capacity on 31 Jan, down from 83.79% a week earlier. Germany exceeded its regulatory minimum gas storage target of 40% on 1 Feb.
- TTF MAR 23 down -3.3% at 57.55€/MWh
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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