German gas storage 80% full, progresses despite Russian cuts

Aug 23, 2022, 4:07 AM | Updated: 4:13 am
FILE - The gas storage plant Reckrod is pictured near Eiterfeld, central Germany, Thursday, July 14...

FILE - The gas storage plant Reckrod is pictured near Eiterfeld, central Germany, Thursday, July 14, 2022,. Germany's gas storage facilities are now more than 80% full, showing steady progress despite a drastic reduction in deliveries from Russia. Gas storage in Europe's biggest economy has reached 80.14% of capacity, according to gas industry figures Tuesday. (AP Photo/Michael Probst, File)

(AP Photo/Michael Probst, File)

BERLIN (AP) — 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 Tuesday. 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. Gazprom announced Friday that the pipeline will shut from Aug. 31 to Sept. 2 for what it said is “routine maintenance” at a compressor station.

Germany is one of several European countries to be hit by reductions in Russian natural gas supplies since the war started. Dwindling supplies, fears of further cutoffs and strong demand have sent natural gas prices on Europe’s TTF benchmark soaring to record highs this month, fueling inflation and raising the prospect of a recession in Europe.

A month ago, the German government moved to tighten storage requirements. It introduced a requirement for storage to be 75% full by Sept. 1 — a target that already has been surpassed — and raised the targets for October and November to 85% and 95%, respectively, from 80% and 90%.

The joint managing director of gas industry coordination group Trading Hub Europe, Torsten Frank, cautioned in comments to the daily Rheinische Post that “we will be able to fill many facilities to 95% by November, but not all.”

However, he said that he doesn’t expect a nationwide gas shortage to arise, though he can’t rule out regional shortages. He said he is “very confident that private households won’t have to freeze this winter.”

Russia accounted for a bit more than a third of Germany’s gas supplies before the supply reductions started. In addition to prioritizing storage, authorities also are trying to encourage energy saving.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Golden State Warriors guard Stephen Curry poses for a photograph during an NBA basketball media day...
Associated Press

Warriors-Wizards games in Japan to woo NBA fans, sponsors

TOKYO (AP) — Japanese basketball fans will get to see NBA stars up close when the reigning league-champion Golden State Warriors take on the Washington Wizards in two preseason games. Not surprisingly, Stephen Curry and Japanese-born Rui Hachimura will be the star attractions for each team. And as clearly as the logo of Japanese online […]
1 day ago
In this undated 2021 photo provided by Humane Society International/Europe, chinchillas inside cage...
Associated Press

Welfare group reports severe breaches on Romanian fur farms

SIGHISOARA, Romania (AP) — In a dingy basement, chinchillas bred to provide the fashion industry with their fur bite the wire of cages that are stacked floor-to-ceiling with no natural light, as their babies struggle across the wire-mesh floors. The scene captured on video is among the findings from an undercover investigation into conditions on […]
1 day ago
Associated Press

Police: 2 killed, 10 injured in three-car crash in Texas

UVALDE, TEXAS (AP) — A road accident in Texas Wednesday evening killed two people and left 10 injured, police said. Authorities in Uvalde said the accident occurred around 6:30 p.m. on Highway 90 near the downtown area of Uvalde, KSAT-TV reported. Border Patrol agents reportedly saw a black truck speeding on the highway before crashing […]
1 day ago
FILE - Myanmar's leader Aung San Suu Kyi waits to address judges of the International Court of Just...
Associated Press

Suu Kyi convicted again, Australian economist gets 3 years

BANGKOK (AP) — A court in military-ruled Myanmar convicted former leader Aung San Suu Kyi in another criminal case Thursday and sentenced Australian economist Sean Turnell to three years in prison for violating Myanmar’s official secrets act, a legal official said. Suu Kyi received a three-year sentence after being tried and convicted with Turnell under […]
1 day ago
A King Point resident looks through her broken window as a man boards up another broken window from...
Associated Press

People trapped, hospital damaged after Ian swamps SW Florida

ST. PETERSBURG, Fla. (AP) — Hurricane Ian left a path of destruction in southwest Florida, trapping people in flooded homes, damaging the roof of a hospital intensive care unit and knocking out power to 2 million people before aiming for the Atlantic Coast. One of the strongest hurricanes to ever hit the United States barreled […]
1 day ago
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headqu...
Associated Press

Asian stocks follow Wall St higher after UK calms markets

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Britain’s central bank moved forcefully to stop a budding financial crisis. Market benchmarks in Hong Kong, Seoul and Sydney added more than 1%. Shanghai and Tokyo also rose. Oil prices edged lower after jumping by more than $3 per barrel the previous day. […]
1 day ago

Sponsored Articles

...
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
...
Children’s Cancer Network

Children’s Cancer Network celebrates cancer-fighting superheroes, raises funds during September’s Childhood Cancer Awareness Month

Jace Hyduchak was like most other kids in his kindergarten class: He loved to play basketball, dress up like his favorite superheroes and jump as high as his pint-sized body would take him on his backyard trampoline.
...
Dr. Richard Carmona

Great news: Children under 5 can now get COVID-19 vaccine

After more than two years of battle with an invisible killer, we can now vaccinate the youngest among us against COVID-19. This is great news.
German gas storage 80% full, progresses despite Russian cuts