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Europe
16:14, 23-Jun-2022
Germany enters Phase 2 of emergency gas plan
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Germany entered Phase 2 of its three-stage emergency gas plan on Thursday due to reduced supply from Russia and high prices but is not yet triggering a clause that lets utilities pass on soaring gas costs to customers, the Economy Ministry said.
The Phase 2 "alarm stage" kicks in when the government sees a high risk of long-term gas shortages.
Source(s): Reuters
