Germany says order to store more gas is signal to companies
UNG•Germany’s economy minister instructed state-owned SEFE to increase natural gas storage due to ongoing geopolitical risks. The additional volumes will be procured through extra supplies, the minister’s spokesperson said.
1. More gas storage
Germany’s economy minister instructed state-owned SEFE to increase natural gas storage, citing ongoing geopolitical risks. The steps are also intended to send a clear signal to other companies, a spokesperson said. The extra volumes will come through additional supplies so they do not interfere with injections by other market participants.
