|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.1000 - 1.1000|
|52 Week Range||1.1000 - 10.7200|
|Beta (5Y Monthly)||0.47|
|PE Ratio (TTM)||0.34|
|Forward Dividend & Yield||0.34 (30.79%)|
|Ex-Dividend Date||Jul 14, 2021|
|1y Target Est||N/A|
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Dutch natural gas storage facilities have been filled to 50% of their capacity, data from Gas Infrastructure Europe showed on Saturday, about two months earlier than in 2021 and helping prepare for peak winter demand. Filling accelerated in May when the Dutch government offered a 400 million euro ($422 million) subsidy for gas companies to fill a storage facility at Bergermeer during the summer filling season, which runs from April 1 to Oct. 1. The 4.1 billion cubic meter (bcm) Taqa-operated site at Bergermeer, in which Russia's Gazprom owns rights to 40% of capacity, is currently just 35% filled.
When Russia turns off the gas through the Nord Stream 1 pipeline for maintenance in July, Europe is starting to worry that it won't turn it back on again. This week, Russia cut gas flows to Europe to 40% of the pipeline's capacity, blaming delayed equipment repairs and leaving Germany and other European states racing to find alternative supplies to head off the risk of rationing when winter comes. Now, Europe fears President Vladimir Putin will use a scheduled maintenance programme on the pipeline from July 11 to 21 to turn the screws, putting a brake on efforts to refill inventories in retaliation for far-reaching sanctions over Moscow's invasion of Ukraine.
The German government is considering converting parts of the Nord Stream 2 gas pipeline into a connection for a liquefied natural gas terminal on the Baltic Sea coast. Magazine Der Spiegel reported on Friday that the German economy ministry is considering expropriating the part of the pipeline system located on German territory and cutting it off from the rest of the pipeline. Russia said it would be a matter for lawyers if Germany took such steps.