Despite comparatively low filling levels in German gas storage facilities, the East German energy company does not currently see any acute risk to security of supply. "VNG continues to consider the supply situation to be stable," the company said in response to an inquiry. The storage facilities fulfill their function in the winter season, "they secure the supply in times of high demand and make gas available at short notice".
Early pressure on the next storage year
The VNG storage facilities are currently around 36 percent full, with a good 32 percent nationwide (as of February 1). At the same time, developments are being monitored very closely. The storage facilities are already much less full than usual. "This could - in addition to the challenging market situation - make filling for the coming storage year even more difficult," the gas wholesaler admitted. However, the company does not see any acute risk, "as additional LNG volumes are available in principle and can be flexibly fed into the system".
