astora allocates capacities at the Jemgum storage facility

Kassel, 3 March 2016. astora has successfully allocated capacities of Jemgum storage via trading platform store-x. The capacities for storage year 2016/2017 were fully placed on the market in two separate keyed procedures. The working gas volume totals 2.8 TWh, withdrawal and injection rate is 4,100 MWh/h and 2,650 MWh/h respectively. Both procedures were oversubscribed several times.

astora GmbH & Co. KG, based in Kassel, Germany, is one of the largest natural gas storage operators in Europe. The company maintains one of the largest natural gas storage facilities in Western Europe at Rehden in Northern Germany, which has a working gas volume of more than four billion cubic metres. In addition, the storage company also holds capacities in the second largest storage facility in Central Europe, located in Haidach, Austria. In order to secure natural gas supplies to Europe, the company is currently developing the Jemgum natural gas storage facility on the German-Dutch border.

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