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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.
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Free AccessGermany Working on 15bn Euro Gas Credit Line
Germany will provide an additional 15 billion euros in credit lines to purchase gas to refill domestic storage, news agency dpa reported on Sunday.
- The credit line plan has been run past Germany’s finance minister and will be passed to the budget committee in the coming week according to dpa.
- The credit line is designed to help Germany fill domestic supplies faster ahead of next winter with targets of 80% storage by October and 90% by November.
- The Nord Stream 1 pipeline is only running at 40% capacity which Gazprom claim is due to repairs, putting further pressure on German gas storage filling rates.
To read the full story
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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.