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NATGAS: Germany Abolishes Gas Levy On Its Borders

NATGAS
CommoditiesEnergy BulletsEurozoneGermanyCEEMEABulletPower Bullets

The German lower house of parliament on Friday passed a law that includes a waiver of the German gas storage levy on border points and virtual trading hubs, it said, cited by Reuters, making its only payable for domestic gas buyers by system operator THE.

  • The gas storage neutrality charge from January 2025 is set at 2.99 EUR/MWh, up by 20% from before, Trading Hub said via a press release.
  • Germany had previously notified international partners that it plans to abolish the fee for its neighbouring countries. The Czech Republic has said this week it had assurance the controversial Germany gas levy will still be abolished this week or early January. 
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The German lower house of parliament on Friday passed a law that includes a waiver of the German gas storage levy on border points and virtual trading hubs, it said, cited by Reuters, making its only payable for domestic gas buyers by system operator THE.

  • The gas storage neutrality charge from January 2025 is set at 2.99 EUR/MWh, up by 20% from before, Trading Hub said via a press release.
  • Germany had previously notified international partners that it plans to abolish the fee for its neighbouring countries. The Czech Republic has said this week it had assurance the controversial Germany gas levy will still be abolished this week or early January.