Germany intends to increase gas reserves in storage facilities with the help of Russia. German Chancellor Angela Merkel announced this to the leaders of the European Union.
The Financial Times reported this, citing its sources, RIA Novosti reports.
German Chancellor Angela Merkel told EU leaders last week that Russia is committed to increasing the amount of natural gas stored in the country, the publication said.
The European Union is now facing a serious energy crisis. Prices for gas and, as a consequence, electricity prices have grown significantly. The launch of the Nord Stream 2 gas pipeline, which will significantly increase the supply of Russian fuel and can save the region from cold weather, could be a salvation for Europe.