TELETRADER News
8/23/2022, 1:28 PM
(Source: TeleTrader)
F NG+1.72%
Germany's gas storage filled more than 80% - GIE
Gas Infrastructure Europe (GIE) said on Tuesday that Germany has so far managed to fill more than 80% of its natural gas storage capacity, surpassing its target of 75% for September this year.
The target for October 1 is to fill at least 85% of its gas storage capacity, while by November 1 it aims to have its storage capacity filled up to 95%.
Germany is adopting its three-stage energy plan to reduce its dependence on Russian gas. The latest news follows a recent comment by German Minister for Economy and Climate Robert Habeck, who anticipated the country will not need to use drastic economic measures to fight the situation during winter.