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    German Gas Output down 3.2% in 2019

Summary

The country's remaining proven and probable reserves also shrank by 13.3% over the course of the year.

by: Joseph Murphy

Posted in:

Natural Gas & LNG News, Europe, Corporate, Exploration & Production, News By Country, Germany

German Gas Output down 3.2% in 2019

Germany produced 6.1bn m3 of gas in 2019, down 3.2% year on year, oil and gas industry association BVEG said on March 16. Oil output also fell 9.5% to 1.9mn mt.

Among the active oil and gas producers are UK independent Neptune Energy which took over Engie's upstream assets; Canada's Vermilion Energy, Germany's Wintershall Dea and a joint venture between ExxonMobil and Shell, BEB.

Germany's proven and probable reserves were estimated at 43.6bn m3 of gas at the end of 2019, down from 50.3bn m3 a year earlier, and 28mn mt of oil, down from 29mn mt, BVEG said.

Germany's gas demand is rising as the coal and lignite plants are turned off sequentially under a government programme, and can be around 80bn m³/yr depending on carbon prices, the weather and other factors.