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Germany – Gas grid warns of winter supply cuts

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Germany’s largest gas grid company warned customers on Friday that Europe could face a gas supply crunch this winter if storage sites are not filled more quickly, says this article on Reuters.

“If an extremely cold snap then occurs again (…) one cannot rule out the possibility of supply restrictions occurring,” Open Grid Europe said in a letter to customers.

Gas storage levels across Europe are currently around 20 percent below the same time last year, according to Gas Infrastructure Europe data, following a drawn-out cold winter which depleted Europe’s storage tanks.

See entire article:
http://www.reuters.com/article/2013/07/26/germany-gas-winter-idUSL6N0FW3CA20130726

Thanks to Argiris Diamantis for this link


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