Energy security: Gas storage association: Fill levels at record low
Never before, since records began 15 years ago, was there so little gas in storage at the middle of August as there is in 2026, according to the industry association. If the winter is very cold, the gas may not be sufficient.
Germany's gas storage facilities are currently at their lowest level since records began in 2011, according to the Initiative Energien Speichern (Ines) industry association. The current storage level stands at 49%, compared to 67% at the same time last year. Despite the German government's assurance that a gas shortage this winter is unlikely, Ines warns that even if storage capacities are fully booked, the stored gas may not be enough to secure supplies during extremely cold temperatures.
The high gas prices, partly due to the Iran conflict and the blockade of the Strait of Hormuz, are discouraging traders from buying gas for winter sales.
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.
