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Bullboard - Stock Discussion Forum Vermilion Energy Inc T.VET

Alternate Symbol(s):  VET

Vermilion Energy Inc. is a Canada-based international energy producer. The Company seeks to create value through the acquisition, exploration, development, and optimization of producing assets in North America, Europe, and Australia. Its business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. The... see more

TSX:VET - Post Discussion

Vermilion Energy Inc > post on village board ..
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Post by whoLuLu on Jan 20, 2022 3:09pm

post on village board ..

Two thirds of last year’s gas already withdrawn from EU gas storage facilities

"European countries have withdrawn as much as two thirds of the gas pumped last year, or almost 32 bln cubic meters, from their underground storage facilities, Gazprom said in a statement on Thursday.

"Overall, on European underground gas storage facilities, as much as two thirds of the gas pumped last year has already been withdrawn. As of January 18, the offtake reached 66.5%, or 31.8 bln cubic meters of gas," the statement said.

According to the figures provided by Gas Infrastructure Europe (GIE), as of January 18 Germany’s underground storage facilities were filled by less than 45%, standing at 44.7%.

Total gas content of underground gas storages in Europe dropped to 45.45% as of January 18, according to GIE. Around 49.07 bln cubic meters of gas are currently stored in European storage facilities, down by 16.25 bln cubic meters compared with:

Comment by Oldnagger on Jan 20, 2022 3:40pm
The numbers compare well with celsiusenergy But as I recall , there was a large adjustment (upwards ) in inventory at some point last season due to under-reporting by Hungary. Don't know whether or not that is true this time, but  obviously the situation is very political !! https://www.celsiusenergy.net/p/european-natural-gas-inventories.html
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