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Home World World Business

German gas storage rises for first time this month, 3 new LNG ships

Efo Korsi Senyo | Executive Editor by Efo Korsi Senyo | Executive Editor
December 25, 2022
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Gas supplies at German gas storage facilities rose slightly for the first time in four weeks on Friday, likely due to the recent mild weather.

Storage facilities were 87.3% full late on Wednesday, 0.1 percentage points higher than the previous day, according to Gas Infrastructure Europe on Friday.While imports remained regular, consumption fell.

The average temperature was 5.4 degrees Celsius on Tuesday and 6.2 degrees Celsius on Wednesday, according to the German Weather Service.

The association of German gas and hydrogen storage operators, INES, reports that gas demand picks up at average temperatures of 6 degrees Celsius or less, suggesting the recent warmer winter weather contributed to the storage increase.

Also on Friday, Economy Minister Robert Habeck delivered three grant decisions totalling €62 million ($65.8 million) to shipping companies to build three liquefied natural gas (LNG) ship tankers at the Flensburger Schiffbau Gesellschaft shipyard in northern Germany.

“The maritime energy transition and the associated switch to alternative fuels in shipping are a huge task,” said Habeck.

Investments in the expansion of the bunker infrastructure are necessary so that the refuelling of seagoing vessels with LNG and renewable fuels is possible, he said.

The ships will be used for refuelling, and later to supply ships in European ports with LNG. They will also be designed for storing ammonia at a later stage.

Tags: German gas
Do you have any article or news or story leads? Let Awake News energize that story for you. Send them to editor@awakenewsroom.com or WhatsApp: +233249155003 ========================
Efo Korsi Senyo | Executive Editor

Efo Korsi Senyo | Executive Editor

Efo Korsi Senyo has over 10years of experience working as an investigative journalist. He is the Executive Editor of Awake Newspaper, Awake Africa, and Head of Awake Investigations. Connect with him via senyo@amnafrica.com or WhatsApp: +233249155003

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