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Germany to enter Phase 2 of emergency gas plan, says source

This advertisement has not loaded yet, but your article continues below. Author of the article: Article content BERLIN — Germany will enter Phase 2 of its three-stage emergency gas plan on Thursday, a source close to the matter told Reuters. The alarm stage, planned for when the government sees a high risk of long-term supply…
byAva Gardner
June 23, 2022
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Germany to enter Phase 2 of emergency gas plan, says source
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BERLIN — Germany will enter Phase 2 of its three-stage emergency gas plan on Thursday, a source close to the matter told Reuters.

The alarm stage, planned for when the government sees a high risk of long-term supply shortages of gas, enables utilities to pass on high prices to customers and thereby help to lower demand.

The Economy Ministry declined to make a statement before a planned news conference at 0800 GMT. (Reporting by Holger Hansen and Christian Kraemer Writing by Miranda Murray Editing by David Goodman)

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