Business Maverick: Germany has enough gas for less than 3 months on Russia cutoff

Even if gas inventories can meet Germany’s target of being 95% full by November, that would only cover about two-and-a-half months of heating, industrial and power demand if Russia cuts off supplies completely, according to Klaus Mueller, president of the Federal Network Agency, the country’s energy regulator.

With the risk of a cooler-than-normal autumn and the chance of further supply disruptions, the government-mandated target of storage sites being 85% full by October could be challenging, Mueller said. Meeting the November target of 95% seems “hard to achieve” because some storage sites require more time to fill, he said.

The regulator is studying how to prioritise supplies to some industries considered as essential for the economy, with a digital platform to help with proposals for different scenarios expected to be ready in October.

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