Urgent.News

What's breaking now, across thousands of outlets.

Business

Energie: Ein Unternehmen drückt den Gasspeicher-Schnitt – dabei soll es die Speicher füllen

Um durch den Winter zu kommen, setzt die Regierung ausgerechnet auf den Betreiber mit den niedrigsten Gasfüllständen: Sefe. Auf einer Handelsblatt-Tagung äußert sich der Vertriebsvorstand.

Energie: Ein Unternehmen drückt den Gasspeicher-Schnitt – dabei soll es die Speicher füllen

As the heating season approaches, Germany is facing a gas storage shortage due to high prices and low supplies. Federal Economy Minister Katherina Reiche (CDU) has mandated the state gas company Sefe to refill the storage facilities. However, Sebastian Heinermann, CEO of the Gas Storage Association INES, stated that they are still not prepared for the winter.

Anne-Sophie Corbeau, an energy expert from Columbia University's Center on Global Energy Policy, expressed concern about the situation. She warned that a cold winter combined with reduced LNG exports could have dangerous implications. If the situation does not improve, particularly in relation to the Middle East and Hormuz Strait exports, the expert predicts a decline in global LNG trade volumes in the fall, which has not occurred since 1981.

In response to the critical situation, the government has intervened. Instead of leaving the refill of German gas storage solely to the market, Reiche officially instructed the state-owned gas trader Sefe to refill the storage facilities, as reported exclusively by the Handelsblatt.

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

This story

This is one outlet's version. Read the fullest account.

Read the original at handelsblatt.com →

More in Business

More from Wednesday 30 September →