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German March Gas Demand 24.6% Below 2018-21 Average

NATGAS

German natural gas consumption in March stood 24.6% below the 2018-2021 average at 2.627GWh/d, Bnetza data showed.

  • In comparison, German gas demand stood at 2,909GWh/d in March 2023 and at an average of 3,486GWh/d during 2018-2021.
  • Industrial gas demand in Germany last month stood 18.3% below the 2018-21 average, while household and small businesses consumption stood 31.5% below the average.
  • German natural gas consumption last week stood 23.2% below the 2018-21 average, and was down by 9.3% on the week.
  • German natural gas inventories stood at 66.61% on 2 April, up from 65.4% a week earlier. Germany started net storage injections on 1 April, GIE data showed, with sporadic days of net injections in the past month.

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