Gasunie reports on year marked by LNG expansion, reversing gas flows and writing off Nord Stream
Gasunie, the co-owner of the Dutch Rotterdam and Eemshaven LNG import facilities and a stakeholder in the onshore German regasification facility planned for Brunsbüttel, said annual results were impacted by the energy market turmoil caused by Russia’s invasion of Ukraine.
Germany now has sufficient gas in storage to see it through the winter while regular LNG cargoes awaited
Germany’s energy regulator, the Bundesnetzagentur, said there was sufficient natural gas in storage to see the nation through the winter gas season to the end of March and concentration was now fixed on the 2023-2024 gas season even as regular LNG have not yet started beyond commissioning activities at the ports of Wilhelmshaven and Lubmin.
German government defends $7.8 billion price for filling up gas storage for winter before 2023 arrival of LNG
The German Federal Ministry of Economics has rejected claims that the natural gas reserves for the coming winter were bought at too high a price as the nation prepares to become an LNG importer with expectations of the first facility coming on stream in 2023.
European natural gas and LNG values quoted at $74 per MMBtu as Gazprom Nord Stream set for three-day halt
Russian natural gas deliveries to Germany via the Nord Stream I pipeline, the main route for Russia’s gas exports to the European Union, will be temporarily halted again for three days on the night of Wednesday August 31.
