14,311.19 TRY BIST 100 BIST 100
52.74 EUR EUR EUR
45.07 USD USD USD
6.63 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
106.81 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Germany has 3 months of gas left

Faced with an energy crisis, it has been announced that Berlin will delay closing its last nuclear power plants. Klaus Mueller, Head of the Federal Network Agency, the country's energy regulatory agency, said that stocks could only last 2 - 2.5 months.

Germany has 3 months of gas left

Klaus Mueller, Head of the Federal Network Agency, the country's energy regulatory agency, said that gas stocks could meet 95 percent of the target as of November, and if Russia completely cuts off the gas flow, these stocks would only last 2 - 2.5 months. It is stated that the stocks are currently 77% full.

"We're quicker to fill the tanks than before, but that doesn't mean we're going to relax. We need to keep going that way," Mueller said. Mueller said it would be "challenging" to reach the 95 percent occupancy rate targeted for November.

Russia's cut off the flow of gas from the Nord Stream pipeline that carries gas to Germany has led to the worst energy crisis in Europe in many years, while Germany, which is dependent on Russian gas, is trying to increase its stocks.

It was announced this week that a temporary tax would be imposed on consumers to finance the rising cost of energy, while the government has made calls to reduce consumption due to reduced shipments from Russia.

Noting that the Federal Network Agency is working on how to prioritize some sectors in procurement, Mueller said, "We do not know how the crisis will evolve. There is no certainty about which consumers will face cuts first. We try to be transparent."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Türkiye’s iron and steel import value reached $5.38 billion in the January–March period

Thursday, April 30, 2026

Türkiye’s iron and steel export value reached $2.45 billion in the January–March period

Thursday, April 30, 2026

Tosyali Algerie strengthens its role in Algeria’s automotive industry

Thursday, April 30, 2026

Steel Net Forum Iberia brought the steel industry together in Santander

Thursday, April 30, 2026

Primetals Technologies ArcelorMittal BOF plant converter refurbishment Eisenhüttenstadt

Tuesday, April 28, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now