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Saturday, 24 October 2026

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Ministry of Economic Affairs urges traders over low gas storage levels

In light of the low levels in Germany's gas storage, the Ministry of Economic Affairs is calling on traders to take winter preparations seriously.

Archive photo: Ministry of Economic Affairs urges traders over low gas storage levels
Archive photoPhoto: LEAG_DE · Flickr · BY-SA

The Federal Ministry of Economic Affairs has appealed to traders to procure more gas due to the currently low storage levels. Currently, the gas storage is only filled to just over 50 percent, marking the lowest level in several years. The ministry's spokesperson emphasized that the responsibility for adequate winter preparations lies with the traders.

The low levels of gas storage are considered alarming, especially in light of a potentially cold winter. The Ministry of Economic Affairs is urging traders to take action now to avoid shortages. State authorities see it as important to hold economic actors accountable for ensuring security of supply.

In addition to the minister, the Federal Network Agency has also made its position clear in the discussions about the current gas situation. Complementing the appeals, the agency states that the current storage capacities are insufficient to guarantee a stable energy supply in the long term should temperatures drop significantly.

Archive photo: Ministry of Economic Affairs urges traders over low gas storage levels
Archive photoPhoto: LEAG_DE · Flickr · BY-SA

Experts are closely monitoring the discussions surrounding the gas situation. Many warn that the already low stocks, combined with a cold winter, could lead to serious difficulties. They stress the necessity of timely intervention by traders to ensure adequate supply.

Overall, the economy bears the responsibility of meeting energy demand. The appeals from the relevant institutions show that the situation is being taken seriously and that immediate measures are required to prevent potential crisis scenarios.