Germany facing LNG shortage – official ...News

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The EU’s biggest economy is a long way from replacing Russian pipeline supplies, data shows Germany could be facing a shortage of liquefied natural gas (LNG) next winter as volumes secured under existing contracts are falling short of demand in the country, Bild am Sonntag reported on Sunday, citing Mark Helfrich, a member of the Bundestag’s committee on energy affairs. In a letter to the Budget Committee, German Vice Chancellor Robert Habeck referred to statistics showing that current gas deals provide 75 billion cubic meters (bcm) of LNG, while the country needs 86 bcm to keep the EU’s largest economy running. G

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