Germany may have to take drastic measures such as gas rationing if levels of gas in storage drop below 40% by February 1st next year, according to the German Federal Network Agency, which will enact such measures if necessary. Germany’s gas storage sites were 99% full at the start of the heating season and the onset of colder weather in November. As of November 23, Germany’s gas storage was 98.95% full, according to data from Gas Infrastructure Europe. The gas drawdowns are now set to accelerate as winter progresses. If gas storage…
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