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Germany wants to abolish gas storage tariff for its neighbours, official says
Gas flames of a cooker are pictured in a private home in Bad Honnef near Bonn, Germany March 30, 2022. — Reuters pic

BERLIN, May 30 — Germany wants to abolish a gas storage tariff it charges its neighbours for buying gas from its storage from next year, an economy ministry official said today.

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The levy is a legacy of the energy crisis that peaked in 2022 after Moscow slashed gas flows to Europe. It places an extra fee on fuel taken out of Germany’s gas storage, to try to recoup the billions of euros it spent on buying non-Russian gas at sky-high prices to avoid fuel shortages. — Reuters

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