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Raw materials: Gas storage in Germany 71.4 percent full

Raw materials: Gas storage in Germany 71.4 percent full

In winter, the storage capacity naturally decreases. Recently, the level dropped slightly again. But gas continues to flow through the pipelines to Germany.

The fill levels in German gas storage facilities continue to fall slightly. On Wednesday morning, the total fill level was around 71.4 percent. That was almost 0.2 percentage points less than the previous day, according to data from the European gas storage association GIE on Thursday.

The largest German storage facility in Rehden, Lower Saxony, was 86.6 percent full. Across the EU, the fill level was around 63.4 percent. That was 0.3 percentage points less than the day before.

The filling levels of the storage tanks usually decrease steadily in winter. Last weekend, however, there was a slight plus on Saturday and Sunday. The main reason may have been lower gas consumption due to comparatively mild temperatures.

The storage facilities compensate for fluctuations in gas consumption and thus form a buffer system for the market. On the morning of November 14, a fill level of 100 percent was recorded. On February 1, the storage tanks were 78.6 percent, almost twice as full as required by the Energy Industry Act on this date.

It should be noted that in addition to gas withdrawal from the storage facilities, gas continues to flow to Germany through pipeline imports. According to the Federal Network Agency, Germany received natural gas from Norway, the Netherlands, Belgium and France on Tuesday. Gas now also flows into the German transmission network via new LNG terminals on the German coast.

Levels in Europe Gas situation in Germany

Source: Stern

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