German Gas Marketer Seeks State Subsidy to Refill Storage

Trading Hub Europe GmbH, the German natural gas market area manager, is holding “intensive discussions” with Germany’s authorities to potentially receive subsidies to refill gas storage sites amid fast-depleting inventories and rallying forward gas prices. “We are still in talks with the ministry as well as the regulator, and as soon as the product will be finalized, we can have then some deeper talks about the question when to launch this product,” Trading Hub Europe’s managing director Torsten Frank told Bloomberg…