Germany could run out of fuel by the end of January.
April 19, 2023Tweet
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The Gas Storage Association (INES) has warned that Germany will have to put up with further gas consumption restrictions or face a severe gas shortage if the next winter is cold. Currently, German gas storages are only required to be filled to 40% by the end of January 2024, and if temperatures are medium to cold, the storage facilities will be heavily or completely emptied. In the worst-case scenario, the storage facilities will be already completely emptied in January 2024, making it unlikely Berlin would be able to compensate for the missing volumes. Germany has been gradually reducing its reliance on Russian energy supplies since the start of the conflict between Moscow and Kiev.