German gas tanks are 90 % full despite lack of Russian gas
Germany currently receives natural gas through pipelines from Norway, the Netherlands and Belgium, following the cancellation in August of the Russian gas supply
Germany’s gas storage facilities are 90.07 %, despite Russia cutting off gas supplies since late August, data from European operators shows.
On Monday night, the level had increased by 0.32 percentage points from the previous day. Level data is always communicated with a delay.
Germany had stipulated through a ministerial decree that storage facilities must be at least 95 % full by November 1st. The amount of gas stored at this level roughly corresponds to national consumption in January and February 2022.
The deposits compensate for fluctuations in consumption and therefore constitute a kind of buffer system for the gas market. They are usually well filled at the beginning of the heating season in the European autumn. Then they decrease until spring. On cold winter days, up to 60 percent of the gas consumption in Germany is covered by the country’s storage facilities.
Germany takes action as winter approaches
The government wants to take various measures to make them as full as possible at the beginning of the heating season, to better cope with the total loss of Russian supplies in winter.
Currently, Germany receives natural gas through pipelines from Norway, the Netherlands and Belgium. At the end of the year, the first two liquefied natural gas (LNG) landing terminals will be commissioned on the German North Sea coast.
The fill level of Germany’s largest storage facility, located in Rehden, in the state of Lower Saxony, is currently below 75 %. Due to scheduled maintenance of this warehouse, no more gas has been injected or withdrawn since last Monday. The maintenance is scheduled to last until next Saturday.
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Source: dpa
