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Germany has begun filling the large Rehden storage depot abandoned by Russia’s Gazprom with gas as it looks to protect itself from the risk of Moscow cutting off supplies.
Russian gas is vital for Europe and Germany in particular. But supplies have been called into question by Western sanctions on Moscow’s occupation of Ukraine and a near-term deadline set by Russia for ruble payments, which most buyers have rejected.
Gazprom last month relinquished its Gazprom German subsidiary, including the largest gas storage site in Western Europe in Rehden, as diplomatic relations deteriorated.
“From today, small volumes are being reserved”told Reuters Egbert Laege, the trustee entrusted by the German energy regulator to temporarily manage the company.
Rehden could hold about 4 billion cubic meters of gas, but received only small quantities last winter. Laege said it was clear it had to be filled for next winter.
Rehden is currently only 0.6% full, well below the 36% average for Germany’s gas storage facilities.
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