Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Germany to miss gas storage target amid warnings of winter shortages

Germany to miss gas storage target amid warnings of winter shortages

Moscow has drastically cut flows to Europe via the Nord Stream pipeline since mid-June and is currently supplying only 20% of agreed volumes, blaming technical issues, but the move is widely seen as politically motivated in retaliation for sanctions over the invasion of Ukraine.

Germany will fail to meet its gas stocks target set by the government to avoid a winter energy crisis amid a Russian supply squeeze, the country's regulator has warned.

Klaus Mueller, president of the Federal Network Agency, said there was "hardly a chance" of meeting the November benchmark because some storage sites were already depleted.

He also cautioned that Germany - Europe's biggest economy - faced two tough winters.

The country is currently in the second phase of a three-stage emergency plan to reduce its heavy dependence on Russian gas following the Kremlin's invasion of Ukraine.

Moscow has drastically cut flows to Europe via the Nord Stream pipeline since mid-June and is currently supplying only 20% of agreed volumes, blaming technical issues.

However, the move is widely seen as politically motivated in retaliation for sanctions prompting accusations of the Kremlin using energy as a "weapon".

Germany has already hit its first target for gas storage facilities to be 75% full by 1 September.

The next goals are for stock levels to be at 85% by 1 October and 95% the following month.

Mr Mueller told the news website t-online: "I don't expect we will achieve the next storage targets as quickly as the first one.

Reaching the 85% target by autumn was "not impossible, but very ambitious", especially if heating was already being used, he said.

He added: "We fall short of an average level of 95% by 1 November in all our projections.

"There's hardly a chance of achieving that because some storage sites started at a very low level."

Russia has reduced supplies through the Nord Stream pipeline


Mr Mueller said Germans should save gas as they face potential problems for a couple of years.

He went on: "It's not just about one winter, it's about at least two and the next winter could be even tougher.

"It's not just about one winter but rather at least two. And the second winter could be even harder.

"We've got to save a lot of gas for at least another year.

"To put it clearly: it's going to be at least two stressful winters."

Mr Mueller pointed out that shortages in the coming winter were "probable" in some regions.

"The shortfalls will probably be temporary at first and then could stop or return repeatedly," he said, which may see gas having to be transported into affected areas.

Household energy bills in Germany are set to soar this winter, while energy shortfalls threaten to hinder economic growth.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Instagram Released a New Feature – and Sent Users Into a Panic
China Accuses: Nvidia Chips Are U.S. Espionage Tools
Mercedes’ CEO Is Killing Germany’s Auto Legacy
US Postal Service Targets Unregulated Vape Distributors in Crackdown
RFK Jr. Announces HHS Investigation into Big Pharma Incentives to Doctors
Australia to Recognize the State of Palestine at UN Assembly
The Collapse of the Programmer Dream: AI Experts Now the Real High-Earners
Security flaws in a carmaker’s web portal let one hacker remotely unlock cars from anywhere
Denmark Pushes for Child Sexual Abuse Scanning Bill in EU, Could Be Adopted by October 2025
Street justice isn’t pretty but how else do you deal with this kind of insanity? Sometimes someone needs to standup and say something
Armenia and Azerbaijan sign U.S.-brokered accord at White House outlining transit link via southern Armenia
Barcelona Resolves Captaincy Issue with Marc-André ter Stegen
US Justice Department Seeks Release of Epstein and Maxwell Grand Jury Exhibits Amid Legal and Victim Challenges
Spain Scraps F-35 Jet Deal as Trump Pushes for More NATO Spending
France Faces Largest Wildfire Since 1949 as Blazes Rage Across Aude
French Senate Report Alleges State Cover‑Up in Perrier ‘Natural Mineral Water’ Scandal
British Labour Government Utilizes Counter-Terrorism Tools for Social Media Monitoring Against Legitimate Critics
OpenAI Launches GPT‑5, Its Most Advanced AI Model Yet
Brazilian President Lula says he’ll contact the leaders of BRICS states to propose a unified response to U.S. tariffs
US envoy Steve Witkoff arrived in Moscow to seek a breakthrough in the Ukraine war ahead of President Trump’s peace deadline
WhatsApp Deletes 6.8 Million Scam Accounts Amid Rising Global Fraud
Britain's Online Safety Law Sparks Outcry Over Privacy, Free Speech, and Mass Surveillance
Nine people have been hospitalized and dozens of salmonella cases have been reported after an outbreak of infections linked to certain brands of pistachios and pistachio-containing products, according to the Public Health Agency of Canada
Karol Nawrocki Inaugurated as Poland’s President, Setting Stage for Clash with Tusk Government
US Charges Two Chinese Nationals for Illegal Nvidia AI Chip Exports
Texas Residents Face Water Restrictions While AI Data Centers Consume Millions of Gallons
U.S. Tariff Policy Triggers Market Volatility Amid Growing Global Trade Tensions
Tariffs, AI, and the Shifting U.S. Macro Landscape: Navigating a New Economic Regime
German Finance Minister Criticizes Trump’s Attacks on Institutions
India Rejects U.S. Tariff Threat, Defends Russian Oil Purchases
United States Establishes Strategic Bitcoin Reserve and Digital Asset Stockpile
Thousands of Private ChatGPT Conversations Accidentally Indexed by Google
China Tightens Mineral Controls, Curtailing Critical Inputs for Western Defence Contractors
OpenAI’s Bold Bet: Teaching AI to Think, Not Just Chat
U.S. Tariffs Surge to Highest Levels in Nearly a Century Under Second Trump Term
Ong Beng Seng Pleads Guilty in Corruption Case Linked to Former Singapore Transport Minister
BP’s Largest Oil and Gas Find in 25 Years Uncovered Offshore Brazil
Italy Fines Shein One Million Euros for Misleading Sustainability Claims
JPMorgan and Coinbase Unveil Partnership to Let Chase Cardholders Buy Crypto Directly
Declassified Annex Links Soros‑Affiliated Officials and Clinton Campaign to ‘Russiagate’ Narrative
UK's Online Safety Law: A Front for Censorship
Parents Abandon Child at Barcelona Airport Over Passport Issue
Bus Driver Discovers Toddler Hidden in Suitcase in New Zealand
Switzerland Celebrates 734 Years of Independence Amid Global Changes
China Enforces Comprehensive Ban on Cryptocurrency Activities
Grok 4 Video plus Voice, can identify wildlife!
George Soros tells the World Economic Forum: "President Trump is a con man and the ultimate narcissist, who wants the world to revolve around him."
Hamas are STARVING the hostages.
The UK Does Not Have a ‘Far-Right’ Problem
British Tourist Dies Following Hair Transplant in Turkey, Police Investigate
×