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Germany’s Chemical Industry At Risk Of Gas Rationing

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Germany’s chemical industry plants remain at risk of gas rationing during the winter months, despite easing gas prices and full gas inventories in the country, according to Oxford Economics.

  • The chemical sector remains one of the sectors most at risk from natural gas rationing.
  • “The German chemicals industry has a middling gas intensity compared to others across Europe, [but] is nevertheless one of the highest absolute industrial consumers of gas in Germany, and indeed across the entire continent,” said Oxford Economics.
  • Germany’s gas inventory levels stood at 99.5% of capacity on 8 November. The country is still seeing net injections, AGSI data show.
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Germany’s chemical industry plants remain at risk of gas rationing during the winter months, despite easing gas prices and full gas inventories in the country, according to Oxford Economics.

  • The chemical sector remains one of the sectors most at risk from natural gas rationing.
  • “The German chemicals industry has a middling gas intensity compared to others across Europe, [but] is nevertheless one of the highest absolute industrial consumers of gas in Germany, and indeed across the entire continent,” said Oxford Economics.
  • Germany’s gas inventory levels stood at 99.5% of capacity on 8 November. The country is still seeing net injections, AGSI data show.