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BUSINESSBloomberg Markets·5h ago

Germany Tells State-Owned SEFE to Store Gas as Winter Nears

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The German government ordered state-owned energy firm SEFE to procure and store natural gas. This move aims to increase low inventories ahead of the upcoming winter season.

The German government has instructed state-owned energy company SEFE Securing Energy for Europe GmbH to procure and store natural gas in the coming weeks as the region faces pressure to bolster unusually low inventories before winter.

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