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German Weekly Gas Demand Fell 17.8% Below 2018-21 Average


German natural gas consumption last week stood 17.8% below the 2018-2021 average, partially due to temperatures above the seasonal norm weighing on household consumption, Bnetza data showed.

  • Gas demand rose by 16.5% week on week.
  • Industrial gas use last week stood at 1.54TWh/d, up from 1.42TWh/d a week earlier and up by 9.8% from the same week last year.
  • Consumption from households and small businesses last week stood at 1.27TWh/d, up from 1.21TWh/d the week before and 3% below last year’s levels.
  • German gas reserves stood at 100.7% of capacity as of 21 November, slightly down from 100.14% the week prior. Germany has still replenished gas stocks for most days so far in November. However, the upcoming cold spell this weekend could lift demand and net storage withdrawals.

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