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Germany Tells State-Owned SEFE to Store Gas as Winter Nears

Source: Bloomberg

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & War

Germany has instructed state-owned gas company SEFE to procure and store natural gas in the coming weeks as Europe seeks to rebuild unusually low inventories ahead of winter. The move underscores supply-security risks that could support European gas demand and prices, while increasing exposure to winter supply disruptions.

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