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EDITOR-IN-CHIEF Paulo Coutinho
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Home›World›German gas storage 80% full, progresses despite Russian cuts
The Buzz

German gas storage 80% full, progresses despite Russian cuts

By -
Wednesday, August 24, 2022
134
0

Germany’s natural gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia amid the war in Ukraine.

Gas storage in Europe’s biggest economy has reached 80.14% of capacity, according to industry figures released yesterday.

The head of Germany’s network regulator, Klaus Mueller, tweeted that storage is “being filled steadily” but cautioned that a planned three-day halt to deliveries through the Nord Stream 1 pipeline from Russia next week “could temporarily dampen” the effort.

Natural gas is used to power industry, heat homes and offices, and generate electricity. Increasing the amount in reserve has been a key focus of the German government since Russia invaded Ukraine to avoid rationing for industry as demand rises in the winter.

The country’s storage was about 56% full when Russian state-owned energy company Gazprom started cutting supplies through Nord Stream 1 in mid-June. It cited technical problems that German authorities have dismissed as cover for a political power play.

In recent weeks, Nord Stream 1 has been running at only 20% of capacity. 

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