FAST FACTS: The 3 stages of Germany's emergency gas plan

, though for the time being there will be no government rationing of the fuel.1. EARLY WARNING PHASE

The government immediately informs the European Commission about potential further measures, which can include revoking the early emergency status if the conditions are no longer met.when there “is a disruption in the gas supply or an exceptionally high demand for gas which leads to a significant deterioration of the gas supply situation, but the market is still able to cope with this disruption or demand without the need to take non-market based measures.

There are no changes compared with the first phase, but all market players, including TSOs and gas suppliers, are under more pressure to balance out disruptions via efficiency and short-term measures such asThis stage is triggered when there “is an exceptionally high demand for gas, a significant disruption in gas supplies, or another significant supply situation and all relevant market-based measures have been implemented, but gas supply is insufficient to meet the remaining gas demand so that...

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FAST FACTS: Just how bad is Lebanon's economic meltdown?In Lebanon, a ride in a shared taxi cost 2,000 pounds before the crisis but now costs about 40,000 pounds.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

FAST FACTS: Just how bad is Lebanon's economic meltdown?In Lebanon, a ride in a shared taxi cost 2,000 pounds before the crisis but now costs about 40,000 pounds.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

PH-Germany pactHouse Majority Leader and Leyte Rep Martin Romualdez hand over a plaque of appreciation to German Ambassador to the Philippines
Source: MlaStandard - 🏆 20. / 55 Read more »

FACT CHECK: Post-oathtaking, Sara Duterte still VP-elect until assumption on June 30The claim of Facebook Page Nick Nañgit – NCN Law that incoming Vice President Sara Duterte must no longer be referred to as Vice President-elect after taking her oath of office last Sunday, 1…
Source: mindanewsdotcom - 🏆 10. / 68 Read more »

PXP eyes other oil, gas projectsPXP president Daniel Stephen Carlos said during the company’s annual stockholders’ meeting the company has two pending service contract applications with the Department of Energy. Read more👇
Source: MlaStandard - 🏆 20. / 55 Read more »