📍“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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AGSI and ALSI Transparency Platforms

GIE’s AGSI and ALSI Transparency Platforms provide inventory reporting in daily resolution for underground gas storages and large-scale LNG terminals.
As a voluntary initiative by storage and LNG operators, it can be considered as a benchmark to monitor pan-European filling levels for storage and send-out by LNG terminals. 100% of the market of underground gas storage in the EU27 is covered on AGSI and 100% of EU27 large-scale LNG terminals are listed on ALSI.

GIE also acts as an Inside Information Platform (IIP) for Urgent Market Messaging (UMM) by operators through its IIP platform.


https://agsi.gie.eu


https://alsi.gie.eu


https://iip.gie.eu