German authorities decided to create strategic gas reserves

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Ministers approved the relevant draft regulatory act proposed by Economy Minister Katherina Reiche at a cabinet meeting

BERLIN, November 11. /TASS/. The German government made the decision to create a national strategic gas reserve intended to be used to ensure supply in the event of severe disruptions, sabotage, or other emergencies, the German Economy Ministry said on its website.

Ministers approved the relevant draft regulatory act proposed by Economy Minister Katherina Reiche at a cabinet meeting. The target volume for the strategic reserve is 24 terawatt-hours (TWh), which accounts for approximately 10% of Germany's gas storage capacity. This volume is expected to be sufficient to compensate for a 30-day shutdown of the country's gas import infrastructure.

The reserve is planned to be established by next winter. Authorities intend to finance it through a dedicated charge on households, amounting to up to 7.20 euros per year. Total costs are estimated at up to 308 million euros annually.

The Association of underground gas storage facilities operators (INES) warned earlier that gas storage facilities in Germany could run dry as early as the beginning of February 2027 if the upcoming winter is cold.

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