Gas storage 75 percent full – First storage target achieved

Updated on 08/13/2022 10:31 p.m

  • Despite the reduced delivery volumes from Russia, German gas storage facilities are more than 75 percent full again.
  • The first storage target of a new regulation was thus achieved.
  • The aim is for the German storage facilities to be at least 75 percent full by September 1st. On October 1st it should be at least 85 percent and on November 1st at least 95 percent.

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Despite the delivery quantities that have been significantly reduced for weeks Russia the German gas storage facilities are more than 75 percent full again. According to the latest preliminary data from European gas storage operators on Saturday evening, the level on Friday morning was 75.43 percent. The first storage target of a new regulation was thus achieved more than two weeks earlier than required. The fill level is always reported with a delay.

Due to government measures, the storage tanks should be almost full by the time the heating season begins

The ordinance stipulates that the German storage facilities must be at least 75 percent full by September 1st. On October 1st it should be at least 85 percent and on November 1st at least 95 percent. The storage facilities compensate for fluctuations in gas consumption and thus form a kind of buffer system for the gas market. If data continues to be saved at the same pace as last time, the 85 percent mark should be reached before October 1st.

Low summer consumption and imports from north-west Europe make a good contribution

The federal government wants to use various measures to ensure that the gas storage facilities in Germany are almost full at the beginning of the heating period. Germany should thus be better armed against a total failure of Russian deliveries in winter. The amount of gas stored at a level of 95 percent corresponds approximately to the nationwide consumption in January and February 2022.

Also read: How Habeck now wants to save energy

The filling level on Friday morning was about 0.58 percentage points above the previous day’s value. According to the Ines storage association, the currently high levels of storage are made possible primarily by low summer consumption and strong imports from north-west Europe. (dpa/jst)
© dpa

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Updated on 07/21/2022 at 16:08

Gas from Russia is flowing again. But Economics Minister Habeck tightened the provisions for the winter. This includes stricter regulations for gas storage tank levels.

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