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Germany’s Chemical Industry At Risk Of Gas Rationing

NATURAL GAS

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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