VNG chief executive Ulf Heitmueller insists the company can meet all delivery obligations, even during a prolonged cold snap. The firm has aggressively moved to replace lost Russian pipeline supplies by securing long-term agreements with Norway, Azerbaijan, and Algeria. A pivotal contract signed this summer with Algeria’s state energy firm, Sonatrach, is set to guarantee additional gas volumes starting in 2027, marking a shift in the country's procurement strategy.
While Gas Infrastructure Europe reports that EU storage sites currently average 70% capacity, Germany’s levels remain significantly lower. This discrepancy has triggered market anxiety regarding potential shortages. However, VNG maintains that its broadened portfolio and increased access to global LNG terminals provide a necessary safety net, insulating the German market from the volatility that defined the energy crisis of previous years.

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