NEWS IN ENGLISH | Expansion of 7Fields gas storage facility enhances supply security in Germany and Austria
Expansion of 7Fields gas storage facility enhances supply security in Germany and Austria
2014-04-16 09:57:00

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