Volkswagen says gas supply stable this winter but could see shortages next year
BERLIN (Reuters) – Volkswagen should be able to maintain production in the coming 5-6 months if Germany continues filling its reserves, but rising prices and instability in the supplier network present a risk to global production, an executive said on Thursday.
If deliveries from Russia through the Nord Stream 1 pipeline do not resume, the carmaker expects natural gas shortages from June of 2023, the executive, who declined to be named, added, citing a study from Goldman Sachs.
Planned short-term measures to protect from shortages in components include stocking up in warehouses and transport pipelines like ships and trains. Mid-term solutions could include relocating production to other regions.
(Reporting by Victoria Waldersee; Editing by Paul Carrel)
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