French gas stocks rise to 97.4% fullness in week to 24th September
French gas stocks climbed to 97.4% fullness or 128.8 TWh (12.0 billion cubic metres, Gm³) in the week to 24th September, according to the latest data from storage owners GDF and Total (see table on following page). The figures are up from 95% fullness or 125.5 TWh (11.7 Gm³) in the previous week.
Injection volumes into French storage sites totalled 3.34 TWh (311 million cubic metres, Mm³) in the week to 24th September, almost unchanged from the 3.32 TWh (309 Mm³) injected in the previous week. Only 10 GWh (930,000 cubic metres) were withdrawn from storage in the week ending 24th September, down from 30 GWh (2.8 Mm³) withdrawn in the previous week.
GDF owns 79% of all French storage space and its sites were 97.7% full on average by 24th September, up from 96.1% fullness in the previous week. Total’s sites were 95.2% full by 24th September, up from 92.6% fullness in the previous week.
Anecdotal evidence from participants at the Dutch virtual hub (TTF) indicates a general lack of demand in recent sessions, which is reportedly due in part to Continental storage sites already being nearly full. ADS
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