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Germany Faces Difficulties Furthering Gas Sharing Deals with EU Neighbor's

NATURAL GAS

Germany has faced difficulties signing gas sharing agreements - even prior to the current energy situation according to the German Economy Ministry over the weekend.

  • "There has been an obligation to conclude solidarity contracts since 2018," it said, adding "The negotiations and willingness to conclude them was very difficult".
  • Germany has signed further gas sharing agreements with Denmark, Czech Republic and Austria but German media has reported that similar agreements with Belgium, Luxembourg, the Netherlands and Poland are proving elusive.
  • Germany’s neighbors have apparently been reluctant to sign gas sharing deals over disagreements surrounding compensation Berlin would pay for redirecting emergency supplies from its neighbors.
Energy BulletsCommodities
Energy BulletsCommodities

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