Monthly Natural Gas Storage Survey (MNGS)

Natural gas inventory of economy, measure

Natural gas inventory refers to the inventory of natural gas. 'Inventory' refers to produced assets that consist of goods and services, which came into existence in the current period or in an earlier period, and that are held for sale, for use in production or other use at a later date. Inventories consist of stocks of outputs that are still held by the units that produced them prior to their being further processed, sold, delivered to other units or used in other ways, and stocks of products acquired from other units that are intended to be used for intermediate consumption or for resale without further processing.

Economy refers to the entire set of resident institutional units. It is divided into sectors that consists of groups of resident institutional units. An institutional unit is resident in a country when it has a centre of economic interest in the economic territory of that country. It is said to have a centre of economic interest when there exists some location - dwelling, place of production or other premises - within the economic territory on, or from, which it engages, and intends to continue to engage, in economic activities and transactions on a significant scale either indefinitely or over a finite period of time.

The data for this variable are reported using the following measurements:

  • Gigajoules
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