{"id":1073,"date":"2022-08-14T16:34:26","date_gmt":"2022-08-14T16:34:26","guid":{"rendered":"http:\/\/roydadnaft.ir\/English\/?p=1073"},"modified":"2022-08-14T16:34:29","modified_gmt":"2022-08-14T16:34:29","slug":"germany-reaches-75-gas-stocks-target-ahead-of-schedule","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/1073\/","title":{"rendered":"Germany reaches 75% gas stocks target ahead of schedule"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\">\n<p>German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on Sunday.<\/p>\n\n\n\n<p>Germany has 23.3 billion cubic metres (bcm) of underground gas storage, a little more than a fifth of the 100 bcm of gas used in 2021.<\/p>\n\n\n\n<p>The Rehden storage unit, which holds 4 bcm, was 54% full, the GIE data showed.<\/p>\n\n\n\n<p>Germany is at phase two of a three-stage emergency plan formulated after a reduction in gas flows from Russia, its main supplier. That causes serious headaches for German industry, which accounts for a quarter of the country&#8217;s gas demand.<\/p>\n\n\n\n<p>Russia has drastically cut flows to Europe via the Nord Stream 1 pipeline since mid-June and currently supplies only 20% of agreed volumes, blaming faulty and delayed equipment, while Europe says the move has been politically motivated.<\/p>\n\n\n\n<p>The government had targeted gas storage levels to reach 75% by Sept. 1. The next targets are 85% by Oct. 1 and 95% by Nov. 1, which are embedded in a number of provisions aimed at helping Germany to avoid a gas crisis in the 2022\/23 winter.<\/p>\n\n\n\n<p>The provisions include higher imports of liquefied natural gas (LNG) and incentives to reduce energy usage.<\/p>\n\n\n\n<p>Separately, Germany&#8217;s gas market operator THE is set to announce on Aug. 15 the size of a gas price levy on consumers, to help Uniper\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/companies\/UN01.DE\" target=\"_blank\">(UN01.DE)<\/a>\u00a0and other importers cope with soaring prices.<\/p>\n\n\n\n<p>Reporting by Vera Eckert Editing by David Goodman<\/p>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2022-08-14T16:34:29+00:00\"> 14 August 2022<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on Sunday. Germany has 23.3 billion cubic metres (bcm) of underground gas storage, a little more than a fifth of the 100 bcm of gas used in 2021. The [&hellip;]","protected":false},"author":1,"featured_media":1074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,20,36,19,35],"tags":[],"services":[],"class_list":["post-1073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-gas","category-lastnews","category-news","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/1073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=1073"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/1073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/1074"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=1073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=1073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=1073"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=1073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}