Reuters
Germany missed its gas savings target last week due to cold weather, data showed on Thursday, while global gas prices eased but were still four times higher than before the pandemic. Gas consumption by households, businesses and industry in Europe's biggest economy was 9% lower in the third calendar week than the average for that week in 2018-2021, the head of the country's Bundesnetzagentur network regulator said, warning that more must be done to secure supply for next winter. Consumption was down 34% in the second calendar week from the equivalent average, regulator chief Klaus Mueller said on Twitter, adding the current target was a 20% reduction.