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Germany’s Full Gas Inventories Likely to Prevent Winter Shortage
Germany’s full natural-gas inventories likely mean that Europe’s largest economy will avoid a shortfall in the coming months — absent a severe Arctic chill — according to an industry group “For the upcoming winter, the complete filling means that only extremely cold temperatures under current conditions could lead to a gas shortage,” Sebastian Heinermann, managing director of German gas-storage organization INES, said in a statement. The country’s stockpiles earlier this month reached 100% capacity, data from Gas Infrastructure Europe show. The continent has hoarded the fuel in an effort to avoid a ... (full story)