Germany’s LNG Rush Benefits Neighbors as Storage Levels Lag

Germany’s liquefied natural gas terminals are busier than ever, but much of the fuel they import is flowing abroad — leaving domestic storage levels stubbornly low.

Flows into the nation’s four floating terminals have surged in recent months amid a rush to replenish gas reserves, according to ship-tracking data compiled by Bloomberg. But rather than filling domestic storage sites, large amounts of the fuel are heading to Austria and the Czech Republic, and onwards to Hungary and Ukraine.