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Germany must do more to boost gas reserves as storage levels hit record low, lobby group says
FRANKFURT: Germany must review and improve its mechanism for filling its gas caverns, gas storage industry association INES said on Sunday, as storage levels in Europe’s top economy remained at record lows ahead of the winter season. As of October 30, gas storage levels stood at 61.35%, well below an 80% target Germany has set for November 1, raising fears about supply shortages even though Berlin has said there will not be any bottlenecks. “The failure to meet storage level targets shows that storage levels for coming winters must be guaranteed more rigorously,” INES Managing Director ...
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