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German Gas Regulator: Supply Tense but Currently Stable

NATURAL GAS

The German Gas Regulator reports that the supply situation is tense and a worsening of the situation cannot be ruled out.

  • At present, the security of supply in Germany continues to be safeguarded.
  • If Russian gas supplies via the Nord Stream 1 pipeline remain at this low level, it will hardly be possible to achieve a storage level of 90% by December without additional measures. Current storage levels at the storage facilities in Germany are 58.65%.
  • The reduction is also affecting the transfer of gas to other European countries such as France, Austria and the Czech Republic.
  • Companies and private consumers must expect a considerable increase in gas prices.
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The German Gas Regulator reports that the supply situation is tense and a worsening of the situation cannot be ruled out.

  • At present, the security of supply in Germany continues to be safeguarded.
  • If Russian gas supplies via the Nord Stream 1 pipeline remain at this low level, it will hardly be possible to achieve a storage level of 90% by December without additional measures. Current storage levels at the storage facilities in Germany are 58.65%.
  • The reduction is also affecting the transfer of gas to other European countries such as France, Austria and the Czech Republic.
  • Companies and private consumers must expect a considerable increase in gas prices.