World

Germany reaches October gas storage goal of 85% despite prolonged Nord Stream 1 halt – National


GermanyGas storage facilities on Friday met their 85% target for October despite a lengthy shutdown of the main gas pipeline from Russia to Germany, industry data from the group of European operators GIE showed on Saturday.

Reserve levels are already at 85.02%, suggesting that companies and citizens in Europe’s largest economy are heeding the government’s call to save gas to get through the winter. the context of Russian gas imports decreased.

Read more:

Russia cuts gas flows to Europe with Nord Stream 1 shutdown

In July, the government announced new energy-saving measures and tightened gas reserve targets, concerned that Russia’s persistently low gas supplies could lead to shortages in the gas sector. winter.

Last week, Siegfried Russwurm, head of the German industry association BDI, said gas consumption in the industry fell 21% in July last year but warned that the drop was not a good sign. .

The story continues below the ad

“The reason for this is usually not an increase in efficiency, but a drastic drop in production. It was not a success, but an expression of a big problem,” said Russwurm.


Click to play video: ''This is Canada's future': Freeland hopes for new hydrogen deal with Germany'







‘This is Canada’s future’: Freeland hopes for new hydrogen deal with Germany


‘This is Canada’s future’: Freeland hopes for new hydrogen deal with Germany – August 25, 2022

Germany’s new achievable storage target comes as Russia pushed back the deadline for the resumption of flows through the Nord Stream 1 pipeline, saying it had discovered a fault during maintenance.

(Reporting by Riham Alkousaa; Editing by Lisa Shumaker)





Source link

news5s

News5s: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button