Published by Global Banking & Finance Review®
Posted on February 17, 2026
2 min readLast updated: February 17, 2026
Add as preferred source on GoogleGermany's gas supply is stable with no need for market intervention, supported by strong LNG and pipeline imports.
BERLIN, Feb 17 (Reuters) - Germany's gas supply remains secure this winter and there is no need for state intervention in the market, the economy ministry said on Tuesday, pointing to a more stable situation than last year and strong LNG and pipeline imports.
A ministry spokesperson said the government was working on a successor arrangement to existing storage rules, and examining an additional tool to better protect critical energy infrastructure, including pipelines.
Any state action should only occur if it "sustainably improves supply security" and is cost-efficient, the spokesperson added.
Germany implemented a three-stage emergency plan in June 2022 to reduce its dependence on Russian gas due to Russia's invasion of Ukraine and a subsequent sudden drop in gas imports from Moscow.
Since then the country has built several LNG terminals, signed deals with Qatar, Oman, Norway and others to diversify supply.
Germany's former dependence on Russian gas has been replaced by alternative sources, while gas demand has fallen 15% since 2022, the economy ministry said.
Reliable LNG and pipeline imports are stabilising the market, and gas prices have settled close to 32 euros ($37.81)per megawatt hour after a modest cold-weather rise.
Storage levels were above legal thresholds and remain effective given reduced consumption, the spokesperson said.
($1 = 0.8462 euros)
(Reporting by Holger Hansen, Writing by Friederike Heine, Editing by Madeline Chambers)
LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for easier storage and transportation.
LNG terminals are facilities for the import, export, and storage of liquefied natural gas, playing a crucial role in energy supply chains.
Gas supply security refers to the ability to ensure a stable and reliable supply of gas to meet demand, especially during peak periods.
Energy infrastructure includes the physical systems and facilities necessary for the production, transmission, and distribution of energy.
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