September 28, 2026 [Oil Price]- Germany’s gas storage is currently at 57%, raising concerns about supply security for the upcoming winter. However, VNG, a major German gas importer, asserts that the country is not facing a gas supply shortage due to enhanced import capabilities and diversified sources, including liquefied natural gas (LNG) from Norway, Azerbaijan, and Algeria. VNG’s CEO, Ulf Heitmueller, emphasized that the company has structured its portfolio to meet delivery obligations even during harsh winter conditions. As of September 27, EU gas storage was at 70% capacity, with Germany’s storage notably lower.
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