Business · Energy & Commodities · 52 mins ago

Germany Set to Miss Official Winter Gas Storage Target

Germany Set to Miss Official Winter Gas Storage Target

Germany is set to miss its official gas storage target for the winter.

The shortfall comes as a cold snap sets in.

The target is for filling the country’s natural gas storage sites.

Those sites provide a reserve for periods when gas use rises.

Germany will have a reduced buffer against surging winter demand.

The available information does not say what steps, if any, will follow.

5 sources

Related

What people are saying

Klaus MüllerFederal Network Agency president
Gas has become considerably more expensive, and unfortunately all customers need to be aware of that.
via n-tv.de
The gas supply is stable. The Federal Network Agency currently assesses the risk of a strained gas supply as low.
via n-tv.de
Sebastian HeinermannINES representative
Germany is starting the heating period with lower security reserves.
via BILD
Michael KellnerGreen Party energy politician
The gas storage facilities are so empty that Germany has no safety buffer for the winter. Every cold front, every small disruption in the supply chain will therefore immediately lead to higher gas prices.
via BILD