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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. 25 increased 2.3% from the previous week and was 22.8% below the 2018-21 average, Bnetza data showed. Industrial demand fell 0.8% from the previous week while demand from households and small businesses was up 21.1%.
- Industrial gas consumption fell to 979GWh/d last week compared to 2023 levels of 1071GWh and 22.8% below the 2018-21 average. Gas consumption from electricity generation is also included in the data.
- Demand from households and small businesses rose to 201GWh/d last week, compared to 189GWh/d in 2023 and 23.3% below the 2018-21 average.
- German gas demand stood 21.5% below the 2018-21 average the week prior.
- Natural gas inventories in Germany are up to 94.96% full on Aug. 28 from 93.81% a week earlier amid below normal daily injection rates.
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.
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