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German gas supply diversification ensures imports, but at a price, Equinor says

Source: reuters.com

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & War
German gas supply diversification ensures imports, but at a price, Equinor says

Germany's gas-storage levels are at historic lows heading into winter, raising supply-security and price risks. Equinor said Germany should still be able to secure sufficient natural gas, but warned that doing so will likely require paying high prices. The outlook is negative for German energy costs and energy-intensive industries, though it reduces the risk of an outright fuel shortage.

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