Germany: Energy Security Guaranteed Despite Gas Tanks Are Only 35% Full (Ministry)
Berlin – Despite the fact that Germany’s natural gas reservoirs are only 35% full, the country faces no risk to its energy security, the spokesperson of the German Federal Ministry for Economic Affairs and Climate Action said on Monday.
“The condition is the same as reported last week, about 35% now, as my colleague reported last week. This is the level. We are keeping an eye on the situation… Gas provision in Germany is still secured,” the spokesperson said at a briefing.
Decisions about increasing gas supplies are not the government’s responsibility, but a “market issue,” the spokesperson added.
Europe has been facing a gas crisis throughout 2021. The average TTF spot price fluctuated between $250 and $300 per thousand cubic meters.
At the end of last year, gas prices hit an all-time record of $2,190 per thousand cubic meters, and throughout January remained four times higher than last year.