Germany misses gas storage target as prices soar
Germany missed its storage goal for the start of winter. The EU's largest economy faces a hard heating season. European gas prices are rising.
Why it matters
Heating bills may rise in Europe.
Background
The Iran war disrupted gas supplies.
The story so far
- Germany misses gas storage target as prices soar
- Europe enters winter with low gas storage
- European gas stocks at record low before winter
- Poland's Orlen cancels Qatar LNG contract; gas prices rebound
- Germany plans strategic gas reserve and backs gas plants
Sources
- OilPrice ↗Nov 2, 7:00 PM ET
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