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Home News Business & Finance

Germany wants to boost gas trading hub credit line to 20 bln euros – document

admin by admin
November 21, 2022
in Business & Finance
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BERLIN, Nov 21 (Reuters) – Germany wants to give an additional 5 billion euros’ ($5.1 billion) worth of credit to the nationwide gas market trading hub to enable forward sales from gas storage facilities, according to a finance ministry document seen by Reuters.

That brings the total amount of credit for Trading Hub Europe (THE) to 20 billion euros, says the document seen on Monday.

THE is a subsidiary of the country’s gas network operators and…



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