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Energy security: Ministry of Economics sees no natural gas supply crisis yet

The ministry is reassuring: A gas shortage situation is not expected at present. The economy is initially responsible. But the government is preparing for everything.

Translated from German Read in German

Energy security: Ministry of Economics sees no natural gas supply crisis yet

The German Federal Ministry for Economic Affairs is trying to alleviate concerns about potential gas supply shortages during the upcoming winter. According to the ministry, a gas shortage is not expected this winter, but it is taking the low storage levels seriously. The ministry notes that gas supply security cannot be measured solely by storage levels, as gas also comes from Norway, import terminals, and European neighboring countries.

Germany's gas storage facilities are currently around 50% full, and the ministry believes that storage levels of 60-70% at the start of winter, combined with import possibilities, would be sufficient to meet average winter demand.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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