Market Highlight: German Gas Storage Operator Expects Withdrawal Rate Increase

A mild winter and low demand for domestic heating has left German gas storage facilities unusually full as we go into spring.

Most market players believe stocks will remain high for the rest of the year, driving down the value of summer contracts. But price fluctuations could create opportunities to withdraw gas in the near future.

ICIS looks at what could happen to storage levels in the last weeks of the gas winter and how this could affect gas prices in Germany later on in 2016.

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