Paraphrased Article

The German government has attempted to ease concerns over the country’s low natural gas storage levels, saying it is closely monitoring the situation and preparing emergency measures in case supply risks increase.

Germany’s Economic Affairs and Energy Ministry said Friday that it was carefully tracking gas storage levels and developing measures that could be introduced quickly if conditions become more serious.

German gas storage facilities were around 50.19% full as of Friday, significantly below the levels normally recorded at this stage of the storage season. The figure was also lower than the European average of 61.82%.

Opposition politicians have expressed concern that Germany could face supply problems if the coming winter is particularly cold or if unexpected disruptions affect energy supplies.

The ministry acknowledged that storage levels are considerably lower than in previous years but said that, based on current information, a gas shortage is not expected during the upcoming winter.

Officials emphasized that Germany’s energy security cannot be assessed by looking at storage levels alone. They pointed to the country’s wider range of supply sources, including pipeline imports, liquefied natural gas, energy infrastructure and efforts to manage demand.

The government nevertheless warned that it would be prepared to intervene if important risks to energy security increased significantly. Authorities said they could take action if market conditions deteriorate and threaten reliable supplies.

However, the ministry stressed that gas companies and traders should remain primarily responsible for preparing for winter. These businesses have obligations to supply municipal utilities, industries and other customers and are expected to secure sufficient gas supplies in advance.

The government also warned against rushing into direct purchases of natural gas. Officials said state intervention could potentially increase prices and reduce incentives for companies to prepare adequately for winter.

Any government action, the ministry said, should therefore be carefully considered, while responsibility for ensuring sufficient winter gas supplies should remain primarily with the market.
NEWS DESK 
PRESS UPDATE