FRANKFURT, Jan 21 (Reuters) - The German government should
have more influence over gas reserves, Economy Minister Robert
Habeck was quoted as saying on Friday, amid tensions with major
supplier Russia.
Options for the state to intervene in both boosting storage
and withdrawals are currently legally very limited, Habeck told
Der Spiegel magazine in an interview.
"This is unsatisfactory and the last word has not been
spoken," he said.
Sky-high European gas prices have received a further boost
from concerns Russia might invade neighbour Ukraine, potentially
prompting Western sanctions and disrupting gas supplies.
High prices and low gas stocks have also stoked fears that
industry and households could run short, or pay over the odds,
for supplies this winter.
Germany's 24 billion cubic metres of gas storage capacity
equates to around a quarter of annual domestic consumption, but
inventories currently stand at just 45%, down 9% from a year
ago, GIE industry group data shows.
Habeck said the government should do more to protect
supplies ahead of next winter.
"I see a political task in that," he said.
The storage industry is privately organised but handling
fees for storage services are regulated. Russia's Gazprom
owns a number of sites in Germany and Austria.
Habeck also said Germany would not have to pay compensation
if its regulator decided the Russian-led Nord Stream 2 gas
pipeline into Germany was not in compliance with German and
European Union laws.
(Reporting by Vera Eckert Editing by Mark Potter)