Germany Savings Call

In a statement to the Tagesspiegel newspaper, Müller said that the savings should increase to 20 percent to avoid problems in the coming months: “Currently, the total savings is only 13 percent. If this remains an outlier, we need not worry.” yet”. . However, the weather will remain cold for several days. So it’s important that we don’t slack off on our savings efforts and continue through the winter.”

Although the occupancy rate for natural gas storage facilities in Germany is 95 percent as of last week, experts caution that this does not guarantee that gas will not be rationed or that power outages will not occur during the cold winter months.

The Nord Stream 1 pipeline, Germany’s main source of Russian natural gas, was destroyed after an explosion in September. Currently, the country does not import natural gas from Russia.

Before the war in Ukraine began, Russia supplied 55 percent of Germany’s natural gas needs.

The German government is trying to diversify its sources of natural gas supply by buying more gas from Norway and increasing imports through pipelines from Belgium and the Netherlands.

Berlin is also building LNG terminals at the northern German ports of Brunsbuttel, Wilhelmshaven, Stade and Lubmin to receive enough liquefied natural gas to completely replace Russian gas in the coming years. (AA)