Free Trial
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.
NATGAS
German natural gas consumption in the week to Aug. 11 increased 24.3% from the previous week and was 8.7% below the 2018-21 average, Bnetza data showed. Industrial demand rose 29.3% from the previous week while demand from households and small businesses was up just 0.5%.
- Industrial gas consumption rose to 1125GWh/d last week compared to 2023 levels of 997GWh but still 7.7% below the 2018-21 average. Gas consumption from electricity generation is also included in the data.
- Demand from households and small businesses edged up to 186GWh/d last week, compared to 252GWh/d in 2023 and 13.9% below the 2018-21 average.
- German gas demand stood 27.5% below the 2018-21 average the week prior.
- Natural gas inventories in Germany are up to 92.17% full on Aug. 13 from 90.48% a week earlier with below normal daily injections since July 23.
Source: Bundesnetzagentur
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.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok