Federal Economics Minister Robert Habeck believes the gas crisis is over and expects prices to fall.

More and more liquid gas is coming onto the market, said the Green politician on the fringes of his North-West trip in Papenburg on Thursday. The distribution of gas is also working in Germany. There will be a buyer's market in 2025 and 2026. "I think that will have a price effect." Germany also has well-filled storage facilities for the winter. "Germany has done its homework."

After the Russian invasion of Ukraine and the end of gas supplies from Russia via pipeline, Germany worked flat out to build terminals for landing liquefied gas from the USA or the Arabian Peninsula, for example. After prices rose rapidly in 2022, the price level has normalized again.

(Report by: Markus Wacket; Edited by Hans Busemann; If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets)).