The federal government is providing 15 billion euros to ensure that gas storage facilities in Germany are filled.
The Budget Committee of the Bundestag confirmed this sum on Wednesday, as announced by the Ministry of Economic Affairs in Berlin.
It is part of the package of measures announced on Sunday, which is intended to increase precautions in view of the throttling of Russian gas supplies.
Specifically, as already known, the Federal Government is providing the so-called market area managers of Trading Hub Europe with a credit line via the state bank KfW.
Trading Hub Europe (THE) is a subsidiary of long-distance gas network operators.
The credit line is intended to secure the necessary liquidity for THE.
This financial security is urgently needed in the current situation on the gas market in order to fill the gas storage tanks until winter, it said in view of the sharp rise in prices.
The gas storage facilities are to be gradually filled up to 90 percent by November 1st in order to prevent a severe crisis in the event of a gas shortage.