
Please try another search
BERLIN (Reuters) - German gas storage operators expressed optimism on Tuesday that there will not be supply problems next winter due to declining consumption and said there is no chance of shortage this winter.
Even if Russian pipeline deliveries cease completely and liquefied natural gas imports (LNG) were to decrease, it would be possible to refill facilities for the 2023-24 cold season, said the INES German gas storage system operators association.
For this winter, no shortage is expected, it added. "Even with extremely low temperatures and the occurrence of risk factors, there will be no gas shortage in Germany," said INES.
At present, storage facilities are still more than 90% full. By the beginning of February, they are legally required to be 40% full, though thanks to mild weather, many facilities are even able to increase their fill levels on many of the days.
Germany's network regulator chief said last week that considerably less gas was used in the 52nd calendar week of 2022 than in previous years, with consumption down 30% from the average over the past four years.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.