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No guarantees Swiss will always have enough gas, minister says

Commodities Jul 03, 2022 07:10AM ET
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2/2 © Reuters. FILE PHOTO: Swiss Environment, Energy and Transport Minister Simonetta Sommaruga addresses a session of the Swiss federal parliament at the Bundeshaus in Bern, Switzerland May 2, 2022. REUTERS/Arnd Wiegmann 2/2

ZURICH (Reuters) - Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will always be enough gas to go around.

Landlocked Switzerland gets its gas via trading hubs in neighbouring countries in the European Union, so disruptions there would also affect Switzerland.

Switzerland has relatively low demand for gas, which covers around 15% of total energy consumption. Around 42% of gas is used to heat households, and the rest in industry and in the service and transport sectors, according to government data.

However, it is nonetheless reliant on imported oil and gas.

"That is why no one can guarantee that there will always be enough gas for everyone," Sommaruga told the SonntagsZeitung in comments published on Sunday.

Her remarks came after the Swiss government outlined plans on Wednesday to address a possible shortage of natural gas this winter and said it could resort to rationing should other measures prove insufficient.

In the event of a shortage of both gas and electricity in Switzerland, energy would first be rationed for businesses.

Sommaruga said there would "initially be restrictions for escalators or neon signs, for example", adding that the government wants to "spare households the longest".

She urged Switzerland's regional cantons to invest more in the expansion of solar power, biogas, wind and hydropower.

Wary of supply chain vulnerabilities, climate change and conflicts such as the one in Ukraine, the Swiss government is also considering expanding its emergency food reserves to make sure the country is not hit by shortages of coffee, grain and sugar.

Neighbouring Germany moved last month to stage two of its three-tier emergency gas plan after Russia reduced deliveries via the Nord Stream 1 pipeline - a step before the government rations fuel consumption.

No guarantees Swiss will always have enough gas, minister says
 

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Comments (3)
peter neal
peter neal Jul 03, 2022 4:01PM ET
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No point in writing stories. All Spam.
Alpha Omega
Alpha Omega Jul 03, 2022 2:24PM ET
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MostLaunderingMoneyOfTheEarthIsInSwissVolts.YTakeSidesWhenCapitalistsTop0.5%SleepOnTheSameMansion?!}:‑)
Alex Malmstrom
Alex Malmstrom Jul 03, 2022 9:55AM ET
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Lol, invest more into solar and wind as these two subsidy behemoths have hitherto only consumed trillions in the past decade and contribute less than 2% to the annual global energy supply as well as having been a major contributor to the current energy crisis! These politicians need to retire in a hurry!
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Thomas Drake
Thomas Drake Jul 03, 2022 9:55AM ET
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The locals destroyed all their diesel trucks and moved up to the mountains eventually moved to the Rio Grande River on donkeys. Our pols are doing the same.
Brad Albright
Brad Albright Jul 03, 2022 9:55AM ET
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Diesel trucks in the 1200's ? You are obviously very well informed.
Brad Albright
Brad Albright Jul 03, 2022 9:55AM ET
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@Alex. Your information is wrong. So your opinion is irrelevant.
Alex Malmstrom
Alex Malmstrom Jul 03, 2022 9:55AM ET
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Brad Albright  Who are you arguing with?
Brad Albright
Brad Albright Jul 03, 2022 9:55AM ET
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Thomas Drake
 
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