Gas Levy Could Triple Household Heating Bills In Germany

Gas Levy Could Triple Household Heating Bills In Germany

OilPrice.com

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Germany plans to introduce a levy for all its gas consumers beginning in October as the government looks to avoid a wave of collapsing gas-importing and gas-trading companies amid record-high natural gas prices, a new bill seen by Reuters showed on Thursday. Russia is further reducing flows via Nord Stream this week, to just 20% of the pipeline's capacity, days after restarting the link at 40% capacity after regular maintenance.    The German government has already intervened to rescue energy group Uniper, Russia's single largest…

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