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October 06
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Germany has warned that it will run out of gas in less than three months if Russia completely cuts off supplies.

According to the president of the country's energy regulator, even if Germany can reach its goal of replenishing gas storage to 95 percent by November, that will only be enough for 2.5 months.

 "We are a little bit faster than what we used to be in terms of filling up storage, but it is not a sign we can relax...I cannot promise you that all storage facilities in Germany will be 95pc full in November, even under good supply and demand conditions. In the best-case scenario, three-quarters of them will meet the target," Klaus Mueller, president of the Federal Network Agency, told Bloomberg.

Stocks are currently 77 percent full. Nevertheless, Germany's energy crisis looks set to deepen, prompting warnings from Berlin about rationing this winter.

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