📍“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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Joint declaration on methane emissions

Gas system operators in joint effort to continue curbing emissions and to support the Global Methane Pledge

As knowledge-sharing is essential to enhance the decarbonisation of all sectors and regions, GIE had joined 4 associations to develop a paper shedding light on the actions taken by the gas system operators to mitigate methane emissions. The document showcases updated data, facts and figures as well as concrete definitions. 4 decarbonisation leaders also took the floor to comment on the findings.

Click here to learn more