Special Report-Germany Starts Filling Colossal Rehden Gas Storage Facility

Germany started filling the Rehden gas storage facility abandoned by Russia’s state owned gas giant Gazprom according to the site’s state appointed manager. German government has accelerated efforts to secure energy in case of a supply cut from Russia.

Although Europe, and Germany in particular, imports a big majority of its gas from Russia, the future of supplies have become doubtful following Western sanctions in response to Moscow’s invasion of Ukraine and Russia’s demand that gas payments to be made in roubles, which has been rejected by most buyers.

As Russo-Western diplomatic relations have deteriorated, Gazprom last month ditched its Gazprom Germania business, including western Europe’s biggest gas storage site at Rehden.

Germany’s energy regulator that temporarily manages the company said small volumes have started to being injected in Rehden. The statement added that the regulator was working extensively on solutions to ensure more gas flows into the facility.

Rehden can hold around 4 billion cubic metres (bcm) of gas but received only small amounts last winter. Germany aims to fill the storage for the coming winter.

The facility is currently just 0.6% full, far below the 36% average for Germany’s gas storage facilities.

The regulator has said it will control Gazprom Germania until Sept. 30 and has the right to remove executives, hire new staff and tell management how to proceed. It has not said what will happen after that date.

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now


Do you need to access special insights on this matter?

Start your 7-day free trial  and become a member today


Subscribe to Top Insights Today

Subscribe to Executive Newsletter Top Insights Today

The Executive Newsletter -Top Insights Today- puts global business events in perspective through special insights

Join the ranks of global executives and subscribe to Top Insights Today

Top Insights Today covers insights on energy, clean-tech, oil&gas, mining, rare earths, defense, aviation, infrastructure, manufacturing, electrical vehicles, big-tech, finance and politics of business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

President Biden Says the US and China Are on the Same Page About Taiwan

U.S. President Joe Biden said he and Chinese President Xi Jinping had a talk and they were on the same page about abiding by Taiwan Agreement. As tensions between China and Taiwan has risen recently, Biden’s statement emphasized the US wasn’t expecting anything more from China other than abiding by the agreement.

EU Looks for Nigerian Gas to Replace Russian Supplies

The EU is looking for additional gas supplies from Nigeria as it braces for further supply cuts from Russia, the European Commission Energy Department said. The department’s deputy director general Baldwin was in Nigeria to hold meetings with officials about the possibility to increase Nigeria’s gas exports to the bloc. Nigeria is Africa’s biggest oil producer. 

Xi Pledges Stronger Measures to Get the Economy Back on Track

China’s President Xi has made a statement about his country’s economic targets for 2022, saying they would step up macroeconomic policy adjustment and adopt stronger measure to deliver the economic and social development goals and minimize the impact of Covid-19. 

Stay informed

error: This content is protected !!