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German Gov’t Releases Strategic Fuel Reserve to Cope With Record Drought

German Gov’t Releases Strategic Fuel Reserve to Cope With Record DroughtGerman Gov’t Releases Strategic Fuel Reserve to Cope With Record Drought

The German government has authorized the use of strategic oil reserves in order to mitigate the consequences of a record drought that has hit the Rhine area in the last few weeks. 
Due to the record-low water levels in the river, the nation's internal deliveries of oil have been severely disrupted, Sputnik reported.
Months of scarce precipitation and hot sunny weather has driven the water level to such a low mark that German barges have either dramatically reduced their load in order to simply stay afloat or halted their service altogether. On Friday, Cologne reported a water level of just 73 centimeters.
While the railroad is able to deliver a certain amount of oil to customers, it is not enough to compensate for the decreased river traffic.
This is only the fourth time the government has done it in 40 years. As for the "local" part, the affected region stretches from Hesse to Frankfurt and then to Baden-Wuerttemberg, bordering the Netherlands, Belgium, Luxembourg, France and Switzerland.
However, an economy ministry spokeswoman told reporters that the measure is temporary and that it is "specifically aimed" at certain areas and that Germany is not facing a "long-term crisis."
German industrial giants ThyssenKrupp and BASF had to cut back production due to "limited deliveries" or raw materials, while RWE energy group is struggling to supply the Hamm power plant with coal.

 

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