Urgent.News

What's breaking now, across thousands of outlets.

Business

Gasversorgung: Sefe bestätigt Einkäufe zur Befüllung der Gasspeicher

Der bundeseigene Gasimporteur will die Versorgungssicherheit erhöhen. Er sieht keine negativen Auswirkungen auf sein Geschäft.

Gasversorgung: Sefe bestätigt Einkäufe zur Befüllung der Gasspeicher

On Wednesday morning, gas importer Sefe confirmed it had purchased gas to stockpile, aiming to boost Germany's supply security. The company stated this decision was made based on strategic and economic considerations. Earlier that day, the Federal Ministry of Economics was reportedly lobbying Germany's state-owned entity to persuade Sefe to buy gas, according to insiders.

The Sefe management and the economics ministry reportedly reached an agreement to counter a potential gas shortage. Sefe stressed that no order from the Federal Ministry of Economics had been given, rather it was an independent commercial decision. The company expects profitability from the storage and subsequent sale of gas, denying speculation that storage filling could negatively impact its privatisation.

Sefe clarified, "Profitability and supply security do not exclude each other," emphasizing that both factors are crucial for the upcoming privatisation. The company was state-owned following the 2022 gas supply crisis, with the EU Commission requiring Sefe to be privatised by the end of 2028, with the Bund allowed to retain a maximum 25% stake plus one share.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

More in Business

More from Wednesday 16 September →