
Gas storage facilities play an important role in ensuring a secure and reliable supply of natural gas. They are needed to balance out seasonal fluctuations in consumption and guarantee the best-possible availability and reliability of natural gas at times of peak demand, particularly in Europe. For this reason, GPG further expanded its natural gas storage activities in 2010.
We are increasing our investment in the expansion of natural gas storage capacity in Haidach (Austria), Etzel and Peißen (Germany), Saltfleetby (United Kingdom), and elsewhere. These projects clearly demonstrate our commitment to European energy supply security.
We also have access to Western Europe’s largest natural gas storage facility in Rehden (Germany) through our shareholding in WINGAS.