Germany moves closer to rationing gas as Gazprom cuts supply

 

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 Germany has moved closer to rationing gas as it raised the alert level under an emergency plan after Russia slashed supplies to the country.

“Gas is now a scarce commodity in Germany,” economy minister Robert Habeck told reporters at a press conference on Thursday.

Triggering the second “alarm” level under its action plan brings #germany  a step closer to the third and final stage that could see gas rationing in Europe’s top economy.

The development reflected a “significant deterioration of the gas supply situation”, Habeck said.

Germany, like several other European countries, is highly reliant on Russian energy imports to meet its needs.
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Germany triggered the "alarm stage" of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe's largest economy. The measure is the latest escalation in a standoff between Europe and Moscow......etc....FRANCE 24 English
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 The price of natural gas per megawatt-hour in Europe increased 60% over the last two weeks, with global gas supply decreasing due to technical issues.