Energy: Germany secures gas for winter for 245 million euros
Germany's gas storage facilities are significantly emptier than a year ago. Additional delivery agreements cost around 107 million and are intended to secure the supply in winter 2027.
Germany is securing additional gas supplies for the coming winter due to lower-than-usual gas storage levels. As of October 21, the country's gas storage facilities were 61.1% full, compared to 75.4% the previous year. Trading Hub Europe (THE) has allocated contracts worth €107 million for special tenders to ensure supply in February and March 2027, and a further €137 million for regular tenders. The total cost of securing gas supplies is approximately €245 million. The tenders were awarded on Friday.
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.
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