Germany's Economy Minister Robert Habeck underscored on Monday that the energy crisis is "not over yet," however he added that gas storage facilities are "well stocked."
Speaking at the Handelsblatt Energy Summit in Berlin, Habeck noted in his address that the energy crisis could be over in 2024, revealing that the liquefied natural gas (LNG) terminal in the town of Brunsbuettel is expected to begin operating next weekend. The economy minister also stated that there is "justified reason" to believe the country will be able to fill gas stockpiles at "adequate prices" for the upcoming winter season. "If we manage to come out of the winter months with adequate gas storage levels, we won't experience last year's frenzy again," the minister added.
In December, the country's first liquefied natural gas terminal opened in the North Sea port of Wilhelmshaven.
