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astora successfully markets Rehden capacity for the storage year 2024/2025

[Kassel, 28 February 2024] astora has successfully allocated the storage capacity of approx. 1.3 TWh for the storage year 2024/2025 in UGS Rehden on the PRISMA capacity platform. The demand was higher than the storage capacities offered in this tranche of around 5 TWh. The internal reserve price was exceeded for 1.3 TWh.

astora GmbH, based in Kassel, is part of the SEFE Group and 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 about four billion cubic metres. In addition, the storage company also markets its capacity in the second largest storage facility in Central Europe, located in Haidach, Austria. In order to secure natural gas supplies to Europe, astora also operates and markets 5/6 of the capacity in the Jemgum cavern storage facility on the German-Dutch border.

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