Germany’s gas imports rose in April, first four months of year – ZAWYA

  • Date: 01-Jul-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Germany’s gas imports rose in April, first four months of year – ZAWYA

Germany's gas imports rose in April, first four months of year | ZAWYA MENA Edition HomeMarketsCommoditiesArticleGermany's gas imports rose in April, first four months of year Average prices across January-April were down 35.1%    FRANKFURT- Germany imported 13.3% more natural gas in April than a year earlier and 8.7% more in January-April compared with the same period of 2019, official data showed on Tuesday.April imports totalled 447,872 Terajoules (TJ), or 12.7 billion cubic metres (bcm), trade statistics office BAFA, which releases the data with a time lag, said in a statement.January-April imports amounted to 2.09 billion TJ, or 59.3 bcm.April imports totalled 447,872 Terajoules (TJ), or 12.7 billion cubic metres (bcm), trade statistics office BAFA, which releases the data with a time lag, said in a statement.FRANKFURT- Germany imported 13.3% more natural gas in April than a year earlier and 8.7% more in January-April compared with the same period of 2019, official data showed on Tuesday.Average prices paid on the border of 2,739.42 euros/TJ ($3,073.08) in April, equivalent to 0.99 euro cents per kilowatt hour (kWh), were down 40% year-on-year as a supply glut weighed on the market.Average prices across January-April were down 35.1% year-on-year at 3,508.03 euros/TJ.The price trends