Germany Is Taking Steps to Bolster Gas Supplies, Habeck Says

Germany Is Taking Steps to Bolster Gas Supplies, Habeck Says

(Bloomberg) —

Most Read from Bloomberg

The German government will step up efforts to bolster gas storage levels after Russia reduced flows in a move Economy Minister Robert Habeck said was intended to unsettle energy markets.

The government will make available additional credit lines by state-owned lender KfW to guarantee gas injections at storage sites. It also plans incentives for the industry to reduce consumption and is preparing to fire up more coal plants to keep the use of gas at a…


Source link

About search

Check Also

Musk Leaves China With Tesla Driving Software Hurdles Cleared – Yahoo Finance

Musk Leaves China With Tesla Driving Software Hurdles Cleared – Yahoo Finance

[unable to retrieve full-text content]Musk Leaves China With Tesla Driving Software Hurdles Cleared  Yahoo Finance Source …

Leave a Reply

Your email address will not be published. Required fields are marked *