Germany Orders SEFE to Add 8 TWh Gas Storage Ahead of Winter

Berlin has directed state-owned energy firm SEFE to procure and store an additional 8 TWh of gas by December 15, a move coordinated with Chancellor Merz to bolster supply resilience ahead of winter. This follows Germany's ongoing efforts to reduce dependence on Russian energy, with SEFE being the former Gazprom subsidiary nationalized in 2022. The measure signals proactive state intervention in energy security, though the impact on market prices remains uncertain.