00:00Germany is increasing its natural gas reserves as Europe prepares for winter.
00:04State-owned energy firm SIFI says it has independently increased gas storage levels.
00:09The move comes as European energy supplies face growing pressure.
00:13Germany and other European nations are rebuilding reserves after reducing their reliance on Russian gas.
00:20Disruptions to Middle East supplies are tightening global markets and pushing up costs.
00:25In early September, Germany's gas storage facilities were around 53% full.
00:30According to storage association Einz, that was the lowest level for this time of year in 15 years of records.
00:37European gas prices also reached their highest levels since December 2022.
00:42The German government has agreed with SIFI and Uniper to make fuller use of their storage capacity.
00:48Berlin is also considering market incentives to strengthen reserves without direct state purchases.
00:53However, Uniper says decisions on its storage assets remain based solely on economic criteria.
01:00The company says it is prepared to meet supply obligations, even during a particularly cold winter.
01:06As temperatures fall, Germany's storage levels and Europe's energy markets will remain under close watch.
01:12Disclosure. This video contains stock footage and content created or enhanced using AI-assisted tools.
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