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Germany signs deal with gas firms to supply two floating LNG terminals

Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.

read more... 17/08/2022

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German gas levy to be set at 2-3 euro cents per kilowatt hour

Germany's incoming gas price levy, which is meant to distribute the high costs of replacing Russian gas among all end-consumers, is to be set at between 2 and 3 euro cents per kilowatt hour (kWh), industry and government sources said.

read more... 16/08/2022

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Berlin wants to reduce gas use by 2% with new regulations

New measures to reduce Germany's gas consumption by 2% require strict cutbacks by public and private users as Europe battles a sharp reduction in Russian gas supplies, government officials said on Friday.

read more... 16/08/2022

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Germany reaches 75% gas stocks target ahead of schedule

German gas storage facilities were slightly more than 75% full last Friday, a couple of weeks ahead of target, data from European operators group GIE showed on Sunday.

read more... 15/08/2022

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Germany likely to miss gas storage target without additional measures

If reduced Russian gas flows through Nord Stream 1 pipeline to Germany remain at the current level, Germany might not hit its gas storage target by November.

read more... 09/08/2022

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