Insight
A review of German gas storage
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Report summary
German summer-winter price spreads, which seasonal storage facilities rely on to give intrinsic value, were at their highest for 5 years during 2014, giving facility owners good returns in what is developing into a very competitive market. The heightened supply risk brought about by potential transit loss from Russia via Ukraine had a significant effect on market sentiment. Here we review the key issues associated with German gas storage; availability, costs and corporate positions.
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