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German Gas to Last Less Than 3 Months If Russia Cuts Supply

  • Stocks are rising fast, but still not enough, regulator says
  • Risks of energy rationing during the winter are still high
Bloomberg business news
Gas Intensive Industries Feel Impact of European Energy Crisis
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Germany will struggle to have enough natural gas to get through the coming winter, even if reserves are replenished in line with government targets.  

Refilling gas inventories to 95% full by November would only cover about 2-1/2 months of heating, industrial and power demand if Russia cuts off supplies completely, according to Klaus Mueller, president of the Federal Network Agency, the country’s energy regulator. Stockpiles are currently 77% full, which is two weeks ahead of schedule.