Germany warned residents and businesses on Thursday that the country is in a natural gas crisis that could worsen in coming months.
“The situation is serious and winter will come,” Robert Habeck, Germany’s economy minister, told reporters at a news conference in Berlin. He said the government had triggered the second stage of its three-step energy gas plan; the next stage would permit the government to begin gas rationing.
“Even if you don’t feel it yet: We are in a gas crisis,” he said. “Gas is a scarce commodity from now on. Prices are already high and we have to be prepared for further increases. This will affect industrial production and become a big burden for many consumers.”
The announcement comes a week after Russian’s state energy giant, Gazprom, reduced the amount of natural gas it
Keep reading this article on The New York Times Business.