Germany issues gas price warning ...News

Economy by : (Russia Today) -
The country’s energy regulator says the drop in supplies from Russia may send household bills soaring German consumers could see their gas bills double or triple by next winter, the head of the country’s energy regulator has warned.   Klaus Muller, President of the Federal Network Agency, said the upcoming shutdown of the Nord Stream 1 pipeline, which brings Russian natural gas to Germany via the Baltic Sea, could see gas cut off entirely. “Most scenarios are not pretty and result in either too little gas at the end of winter or, a very difficult situation in the autumn or winter,” Muller told public broadcaster A

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