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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 calendar week seven declined by 19.8% on the week and stood 22.7% below the 2018-2021 average, as average temperatures stood well above seasonal norms, Bnetza data showed.
- Temperature-adjusted consumption was 15.3% below the average.
- German industrial gas demand fell to a daily average of 1,542GWh last week, down from 1,853GWh a week prior.
- Demand from households and businesses declined to an average of 1,500GWh/day, compare with 1,938GWh in calendar week six.
- German gas storage capacity stood at 71.35% on 21 Feb, compared with 72.16% a week earlier. Last weekend, German reserves saw two consecutive days of net storage injections, uncommon for this season.
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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