Germany Says 60%-70% Gas Storage Can Cover Winter Demand
Updated
Updated · Bloomberg · Aug 20
Germany Says 60%-70% Gas Storage Can Cover Winter Demand
1 articles · Updated · Bloomberg · Aug 20
Summary
60%-70% gas storage at the start of winter should be enough to meet average demand, Germany’s Economy Ministry said, signaling a lower buffer than markets have often watched for.
Additional import capacity underpins that assessment, with the ministry saying storage in that range plus imports should generally secure supply through a normal winter.
A thinner reserve still leaves less room for disruption, and the ministry said the government can and will intervene if security of supply comes under threat.
The statement offers a benchmark for Europe’s biggest gas consumer as it calibrates winter preparedness against supply risks rather than aiming for a larger stockpile.