Germany's Gas Storage Sits at 57%, but VNG Says Winter Supply Is Covered

Thanks to diversified import capabilities, Germany doesn’t face a gas supply shortage despite record-low levels of natural gas in storage sites, according to one of the biggest German gas importers, VNG. “Compared to 2022, the system is much more robust overall.

We have more access to liquefied natural gas (LNG) and we have broadened our overall position in terms of sources of supply,” VNG’s chief executive officer Ulf Heitmueller told Reuters in an interview published on Monday.