Germany Weighs Creating National Gas Reserves to Prevent Winter Shortages
- Economy Minister Habeck cites need to diversify gas purchases
- Storages may also need to maintain certain inventory levels
Snowfall in Berlin.
Photographer: Florian Gaertner/Photothek/Getty ImagesThis article is for subscribers only.
Germany is considering creating government-controlled natural gas storage sites as it tries to prevent another shortage of the fuel ahead of next winter, Economy Minister Robert Habeck said.
Habeck, a co-leader of the Greens party who took office last month, said another option would be an obligation for Germany’s gas-storage facilities to maintain a certain volume at any specific time.