September 08, 2026 [Oil Price]- Germany faces a potential gas shortage this winter, with current storage levels at 54.52%. The industry association INES warns that by November 1, storage may only reach 77%, which is below typical levels for this time of year. To achieve this target, an injection rate of 1 terawatt-hour daily is needed, but current rates are insufficient, potentially leading to a 25% gap between gas demand and supply on colder days in January. The EU’s overall gas storage is nearing 70%, but Germany, the largest gas consumer in the EU, has not aggressively purchased LNG due to high prices.

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