Commodities
German Economy Ministry spokesperson says the government will establish a strategic gas reserve from 2027
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Germany plans to establish a strategic gas reserve from 2027 amid low domestic storage levels of roughly 57% and global supply constraints affecting European gas markets.
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says steps taken by SEFE are meant to send a clear signal to other companies on obligations to store gas for the winter. The government will procure these volumes through additional supplies so as not to interfere with injections by other market participants.
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