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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.
NATURAL GAS
German gas consumption in calendar week six rose by 8.6% on the week and stood 17% below the 2018-2021 average, Bnetza data show.
- The weekly increase in gas demand was despite temperatures modestly above the seasonal norm.
- Temperature-adjusted consumption stood 12.9% below the 2018-2021 average last week.
- Germany set itself a 20% gas reduction target compared to the 2018-2021 average, which it has lagged several consecutive weeks.
- German industrial gas consumption stood at a daily average of 1,852GW, up from 1,648GWh in calendar week five.
- Gas demand from households and businesses rose to 1,930GWh/day last week, up from 1,842GWh/day a week earlier.
- German gas storage levels stood at 72.15% on 14 Feb, compared with 75.47% a week earlier, AGSI data show.
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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