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German Gas Demand Last Week Fell 23.2% Below 2018-21 Average

NATURAL GAS

German natural gas consumption last week stood 23.2% below the 2018-2021 average, Bnetza data showed.

  • Natural gas consumption last week fell by 9% on the week, driven by faster declines in consumption from households and small businesses, pointing to lower demand for heating.
  • German gas reserves stood at 68.63% of capacity on 30 May, up from 66.46% a week earlier. Germany targets to replenish its reserves to 75% of capacity by 1 Sep.

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