News

4 October 2018

Gazprom and VNG Discussed Gas Export and Storage Related Issues

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of Verbundnetz Gas (VNG), took place at the 8th St. Petersburg International Gas Forum.

During the meeting, the parties discussed current issues and cooperation prospects, focusing on, among other things, Russian gas exports to Germany. It was noted that in the first nine months of 2018, Gazprom had supplied Germany with 42.7 billion cubic meters of gas, an increase of 12.3 per cent against the same period of 2017.

Particular attention was paid to joint efforts in the field of underground gas storage (UGS), including the joint project for the Katharina UGS facility in Germany. Currently, its working gas volume exceeds 310 million cubic meters in the six active caverns. As soon as the seventh cavern comes onstream by the 2019–2020 winter season, the UGS facility’s working gas volume will surpass 350 million cubic meters, with the daily withdrawal rate at peak loads reaching 26 million cubic meters during short periods.

 

Background

The 8th St. Petersburg International Gas Forum is being held as part of the Russian Energy Week International Forum.

VNG AG is engaged in natural gas imports, underground storage and consumer supplies in Germany’s eastern federal states and in Berlin.

Gazprom and VNG are working together on the Katharina UGS facility, a joint project implemented on equal terms. When the facility reaches its design capacity in 2025, it will include 12 caverns with the working gas volume of some 650 million cubic meters and the daily withdrawal rate of 26 million cubic meters.

 

Source: http://www.gazprom.com/press/news/2018/october/article462145

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