BusinessPhoto: Mint MarketsGermany Rejects Italy's Claim on Rising European Gas Prices
Germany denied Italy's accusation that last-minute natural gas stockpiling efforts, particularly by SEFE, are causing higher gas prices across Europe. Italian energy official Alessandro Noce blamed German stockpiling for pushing prices above €100 per megawatt-hour, while Germany's Economy Ministry spokeswoman Susanne Ungrad rejected this claim. The dispute reflects tensions over energy costs as Europe prepares for winter, with Germany's gas storage at 62% full compared to Italy's 91%.
Mint Markets·



