Germany plans emergency national gas reserve

AI Summary

Germany’s government has approved a draft law to establish a national gas reserve for exceptional supply emergencies, including sabotage scenarios. The reserve would be financed through a charge on gas consumers, with use restricted to specifically defined circumstances.

Germany’s government approved a draft law Wednesday to create a national gas reserve for exceptional supply emergencies, including sabotage, according to a dpa report carried by Bankier.pl. The measure proposed by Economy Minister Katherina Reiche would allow reserve gas to be used only in specifically defined circumstances. Financing would come from a charge imposed on gas consumers.