(16 December 2021; updated 29 December 2021) According to aggregated storage inventory data, natural gas storage in Germany — the largest EU economy and the fifth largest economy in the world — averaged only 58% full in the first three weeks of December 2021. That is 23 percentage points below the ten-year December average for 2011 to 2020. On December 27, Germany's gas storage facilities were only 53% full. The daily average is trending downward as supplies are depleted, so the the final 2021 December average may be even further below the ten-year average for the month.
Amid tight supply and growing consumption, natural gas prices in Europe hit a new record in the end of December 2021. The current natural gas spot price in Europe is almost five times higher than the 10-year average price for 2011 to 2020.
(10 November 2021) A mismatch between natural gas demand and supply in Europe has pushed natural gas spot prices to record highs. In this dashboard we put together data on four key short-term indicators that will shape natural gas prices in Europe this winter: air temperature; wind speed in the North Sea; volume of natural gas in storage; and industrial production. Air temperature determines how much energy is needed to heat/cool down homes and buildings in winter/summer.Wind speed in the North Sea determines the amount of electricity generated by wind turbines.Volume of natural...
(October 6, 2021) The energy crisis in Europe is intensifying, in part because the long and cold 2020-2021 winter depleted the volume of natural gas available in gas storage capacities. The latest natural gas storage data from the Aggregated Gas Storage Inventory shows that only 75% of gas storage capacities were full as of October 4th, compared to an October average of over 90% for 2016-2020. The low level of gas reserves in Europe has already led to a six-fold increase in natural gas spot prices compared to the beginning of 2021. Wholesale electricity prices in Europe in 2021 are...
(10 December 2020) Texas is the leader in refinery LPG production in the United States. Learn about the facilities behind this key statistic and more about the Texas LPG landscape with the interactive visualizations below. This data sample from Sulpetro has been collected from Federal and State agencies in addition to oil & gas think-tanks, corporate financials, and other paid-proprietary sources to offer comprehensive insight into the Texas NGL industry.
Comparison of select economic indicators between Germany and the GIPS countries.
"हमारी वेबसाइट आपके ऑनलाइन अनुभव को बेहतर बनाने के लिए कुकीज़ का उपयोग करती है। जब आपने यह वेबसाइट लॉन्च की, तो उन्हें आपके कंप्यूटर पर रखा गया था। आप अपने इंटरनेट ब्राउज़र सेटिंग्स के माध्यम से अपनी व्यक्तिगत कुकी सेटिंग्स बदल सकते हैं।"
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