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Germany Raises Gas Targets on Concerns Over Russian ‘Blackmail’

  • Government now targets storage at 95% capacity by November
  • Minister Habeck warns storage operators to ‘use it or lose it’
Olaf Scholz

Olaf Scholz

Photographer: Liesa Johannssen-Koppitz/Bloomberg

Germany raised its targets for gas storage, reflecting growing concern about the country’s ability to heat homes and run factories this winter and next.

The government will now require storage to be 95% full by Nov. 1, compared with the previous level of 90%, Economy Minister Robert Habeck said on Thursday.