FRANKFURT, June 23 — Germany moved closer to rationing natural gas today as it raised the alert level under an emergency plan after Russia slashed supplies to the country.
But the Kremlin dismissed Germany’s suggestion there were political motives behind the limits to supply as “strange”. The increased level reflected a “significant deterioration of the gas supply situation”, Habeck said.Russian energy giant Gazprom cut supplies to Germany via the Nord Stream pipeline by 60 per cent last week, blaming the new limits on delayed repairs.
Supplies of gas to Europe’s largest economy were “secure”, Habeck said, but action was still required to prepare for the winter ahead. In France, the government said Thursday it aimed to fill its natural gas storage reserves by autumn as it too braces for a drop in supply from Russia. Since the outbreak of the war in Ukraine, Germany has managed to reduce the share of its natural gas supplied by Russia from 55 per cent to around 35 per cent.
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