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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.
NATURAL GAS
German natural gas consumption stood 2.6% below the 2018-2021 average last weeks, after rising 8.6% above the average in the week prior, driven by colder weather, Bnetza data showed.
- Industrial gas consumption stood at 1,928GWh/d last week, compared with 1,877GWh/d in the same week last year. Demand stood 6% below the 2018-2 average.
- Gas demand from households and businesses stood at 1,999GWh/d last week, slightly above 2022 levels of 1,951GWh/d and the 2018-2021 average of 1,981GWh/d.
- German gas storage stood at 91.56% full on 12 December, down from 93.37% a week earlier. German inventories fell below last year’s levels since end-November, driven by large storage withdrawals due to a cold spell.
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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