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Germany Plans Sharp Expansion of Gas Tender to Boost Storage

Source: Bloomberg

Energy Markets & PricesFiscal Policy & BudgetTrade Policy & Supply Chain

Germany plans to sharply expand a gas-storage tender that compensates suppliers for maintaining winter gas availability. The measure is intended to incentivize traders to replenish unusually low storage levels, reducing risks to winter energy security but potentially increasing government support costs and affecting regional gas-market dynamics.

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