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Germany — will gas become scarce?
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© Commerzbank
13 February 2026: Germany — will gas become scarce?
At the beginning of February, gas storage levels in Germany are lower than they have been for a long time. A shortage is unlikely, as the current cold weather would have to continue well into March and suppliers could counteract this with higher imports of liquefied natural gas. However, gas storages are likely to be less full in the coming years than in previous years, which will increase the risk of shortages in winter and probably cause prices to fluctuate more.
