|
E.ON: Expansion of 7Fields gas storage facility enhances supply security
in
Germany and Austria
Expansion safeguards annual consumption of 800,000
households
Storage facility offers cross-border protection against
supply shortages
March 31, 2014 + + + E.ON commissioned the second expansion phase of
7Fields gas storage facility in Upper Austria and Salzburg on April 1,
2014, increasing the facility’s storage capacity to 1.85 billion cubic
meters. Thanks to its connection to the German and Austria pipeline
systems, 7Fields provides E.ON customers with maximum flexibility. The
expansion makes E.ON Gas Storage GmbH Austria’s second-largest marketer of
gas storage capacity.
7Fields gas storage facility, a joint
venture, entered service 2011. The second expansion phase, which became
operational on April 1, 2014, increased the facility’s working gas
capacity by 685 million cubic meters. E.ON Gas Storage GmbH now markets a
total storage capacity of 1.73 billion cubic meters at the facility,
giving customers in Germany and Austria access to a storage facility with
a high degree of availability and flexibility. The expansion of the
facility’s storage capacity enables E.ON Gas Storage to safeguard the
annual gas consumption of more than 800,000 households.
“In a
difficult market environment, we provide innovative and individually
tailored storage services that provide our customers with the
best-possible support in optimizing their portfolios,” E.ON Gas Storage
Managing Director Nicole Otterberg says in explanation of the investment
decision for the second expansion phase. “7Fields storage facility is
unique in Europe in that it offers access to different markets and a
cross-border storage capability,” says Michael Schmöltzer, the director of
E.ON Gas Storage’s operations in Austria.
The 7Fields storage
project is a joint venture of E.ON Gas Storage and Rohöl-Aufsuchungs
Aktiengesellschaft (RAG), which also serves as technical operator.
Source: E.ON Gas Storage
www.eon-gas-storage.com
Posted March 31, 2014
Background
Storage facilities play a key role in the natural gas
market. They balance out seasonal fluctuations in demand and safeguard
against supply shortages. They therefore ensure supply security and
provide flexibility to participants in the wholesale gas market.
E.ON Gas Storage is an E.ON Group company engaged in the construction and
operation of underground gas storage facilities, the gas storage business
in Europe, and the provision of storage capacity to the European market.
It pools the E.ON Group’s decades of experience and full range of
expertise in gas storage. It has storage capacity at 17 underground
storage facilities located in the United Kingdom, Germany, and Austria,
giving it a total working gas capacity of more than 8 billion cubic
meters. For more information, visit
www.eon-gas-storage.com
|
Worldwide more than
90,000 paid subscriptions
 Worldwide
more than 48,000 subscriptions -
100% one-year direct request
qualification
'What's New' in Upstream, Midstream and
Downstream Products & Services. Circulation 37,000
PennWell
Petroleum Group:
Oil & Gas Journal
Oil & Gas Journal Russia
OGJ LatinoAmericana
OGJ_eNewsletter
OGJ-Website-Statistics
Oil, Gas & Petrochem Equipment
Offshore Magazine
Offshore
Russia
Offshore eNewsletter
Offshore
Website Statistics
Oil & Gas Financial Journal
+ + +
For more information, media
kits or
sample copies please contact
Andreas
Sicking
+49 (0)2903-338570
wilhelms@pennwell.com
www.sicking.de
|
