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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.
NATGAS
German natural gas consumption in the week to 12 May increased 4.8% from the previous week but was 19.5% below the 2018-21 average, Bnetza data showed. The rise was driven by a 5.9.% increase in industrial demand and a 1.9% increase in demand from households and small businesses.
- Industrial gas consumption stood at 1,221GWh/d last week compared to 2023 levels of 1,114GWh and 11.0% below the 2018-21 average.
- Demand from households and small businesses rose to 432GWh/d last week, from 470GWh/d in 2023 and 36.6% below the 2018-21 average.
- German gas demand stood 30.6% below the 2018-21 average the week prior.
- Natural gas inventories in Germany have risen to 69.70% full on 14 May from 67.96% a week earlier as net injections rise back above normal levels.
Source: Bnetza
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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