📍“In order to maintain #securityofsupply, a sufficient level of #gasstorage capacity must be maintained in a coordinated manner”.

That’s what @schmoltzer, GIE Value of Storage WG chair, highlighted at the #IPS2023 in Milan.

Read 👉 https://lnkd.in/eCFpKUfx

@ThTrouve @FrancegazFR Presenting on behalf of @GIEBrussels and our French members 🇫🇷
@GRTgaz - @Teregacontact
@Storengy - @Elengy
@DunkerqueLNG

As natural gas demand decreased by 8% y to y in the OECD, #TimGould put the attention to the evolution of Chinese gas demand 📈 and its impact on #LNG markets and wholesale #prices, especially as Europe is going to be more and more exposed to spot prices.

@wavestoneFR @Energy4Europe @MWorsdorfer @csikow @AdinaRevol Last year the EU understood the importance and value of the underground gas #storage while 5 years ago the assets were seen by many as stranded assets, said @TorbenBrabo.
Storage have never been fulfill at this level so early.

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Gas Infrastructure Europe (GIE) is the association of the gas infrastructure operators of Europe. Its members company works and innovate with renewable and low-carbon molecules, including hydrogen, biomethane, natural gas and synthetic gases. Its activities are scoped under 3 columns: GTE (transmission pipelines), GSE (storage facilities) and GLE (LNG terminals). Collaboration, diversity, and sustainability is set to shape Europe’s clean energy landscape and GIE is determined to support Europe’s transformation with its futureproofed solutions.

torben piture

“The best way to predict the future is to invent it.”

– Alan Kay

Dear colleagues,

Inventing a brighter future for Europe is what animates us. This year again, we will pursue our efforts to foster a more innovative, secure, and decarbonised energy system for Europe.

As new collective challenges will be faced in 2023, determination and solidarity remain pivotal in our transitional journey.

Together, we are paving the way towards brighter horizons, and I look forward to pursuing our fruitful collaboration to deliver European objectives in short-, mid- and long-terms.

Warmest regards,

Torben Brabo

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