Uniper stops extracting natural gas, German gas storage level increases

Visit the original URL

 Titanium Media App reported on July 25 that Germany’s natural gas reserves rose again after Uniper stopped extracting natural gas from the reserves, Germany’s Federal Network Agency said. According to the latest data from Gas Infrastructure Europe, inventories in the country reached 65.91% on Saturday, compared with 65.52% on Friday the previous week. Germany's natural gas reserves are back on the right track and are expected to reach 75% of their gas storage levels by Sept. 1, Germany's Federal Network Agency chief Mueller said on Monday. Keeping inventories high is crucial for Germany to weather the winter and withstand possible further production cuts in Russia. Inventory levels in Germany fell earlier this month after Uniper pulled gas from its sites to supply customers. The company was forced to buy more expensive gas on the spot market as Russia cut supplies.

media coverage

Titanium Media
Related events

This article is reproduced from: https://readhub.cn/topic/8hWbkdHHPcz
This site is for inclusion only, and the copyright belongs to the original author.

Leave a Comment

Your email address will not be published.