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Energy: Federal Network Agency: Gas storage could already be sufficient for winter

Autumn is approaching, and soon millions of households will need much more gas for their heating again. However, Germany's gas storage facilities are not too full. The Federal Network Agency does not share these concerns.

Translated from German Read in German

Energy: Federal Network Agency: Gas storage could already be sufficient for winter

The German Federal Network Agency has alleviated concerns that the country's gas storage facilities may not be sufficient for the winter. As of now, over 136 terawatt-hours of gas have been stored, which is about 55% of their capacity, and more than was withdrawn during the entire previous winter. The agency's head, Klaus Müller, stated that there is still time for further storage and that the terminals for liquefied natural gas (LNG) have enough capacity to import additional gas.

Müller and the Federal Ministry for Economic Affairs oppose state intervention, instead relying on the free market and gas traders to fulfill their delivery obligations.

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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