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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 June 9 increased 19% from the previous week and was 11.3% above the 2018-21 average, Bnetza data showed. Industrial demand surged up 21.7% on the week while demand from households and small businesses was up by 8.2%.
- Industrial gas consumption rose to 1,425GWh/d last week compared to 2023 levels of 1,020GWh and 12.5% above the 2018-21 average. Gas consumption from electricity generation is also included in the data.
- Demand from households and small businesses also rose to 316GWh/d last week, from 236GWh/d in 2023 and 6.4% above the 2018-21 average.
- German gas demand stood 9% below the 2018-21 average the week prior.
- Natural gas inventories in Germany have slowly risen with below normal injection rates again this week taking stores to 75.54% full on June 11 from 73.35% a week earlier.
Source: Bundesnetzagentur
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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