Today: Sunday, 27 November 2022 year

The German regulator announced the filling of gas storage facilities by more than 70%

The German regulator announced the filling of gas storage facilities by more than 70%

The filling level of gas storages in Germany exceeds 70%, the energy security of the country is guaranteed. This is stated in a report published on Friday by the Federal Network Agency (German regulator).

“The total filling level of gas storage facilities in Germany is 70.39%,” the regulator informed. “Gas supplies to Germany are currently stable. Germany’s energy security is currently guaranteed,” the report says.

Nevertheless, the regulator warned that “the situation is tense, and further deterioration cannot be ruled out.


The pumping of gas through Nord Stream, as specified in the report, is about 20% of the maximum capacity of the pipeline.

“If Russian gas supplies via Nord Stream remain at such a low level, then the goal of reaching a 95% filling level of gas storage facilities by November 1 is hardly achievable without taking additional measures,” the regulator states. “The reduction affects gas supplies to other European countries such as France, Austria and the Czech Republic,” he added.

 


The paper said wholesale prices have risen sharply as a result of supply cuts and remain high. Businesses and private consumers, according to the regulator, have to adjust to a significant increase in gas prices.