Energy: Richer orders gas storage – state-owned company to fill storage facilities
According to Handelsblatt information, Katherina Reiche instructs the state-owned company Sefe to store more natural gas - and is reacting to the low storage levels.
German Economics Minister Katherina Reiche has instructed state-owned energy company Sefe to increase its natural gas storage. The move, approved by Chancellor Friedrich Merz, aims to enhance Germany's gas supply security. Reiche previously encouraged the state-owned gas importer to purchase gas for storage in mid-September, but this latest directive marks a stricter approach. The decision is a response to low German gas storage levels and ongoing geopolitical risks ahead of winter.
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.
