• About
  • Privacy & Policy
  • Contact Us
Procurement Nation
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Cryptocurrency
  • Contact Us
No Result
View All Result
  • Home
  • Suppliers
  • Procurement
    • Shipping
    • Best Procurement Software
    • Supply Chain
      • What is supply chain management?
      • Tyson Foods Food Supply Chain
  • Markets
  • Banking
  • Cryptocurrency
  • Contact Us
No Result
View All Result
Procurement Nation
No Result
View All Result

German energy firm E.ON suspends new natural gas contracts

Mark White by Mark White
October 12, 2021
in Procurement
0

E.ON headquarters in Essen, Germany, March 15, 2017. REUTERS/Thilo Schmuelgen

BERLIN, Oct 12 (Reuters) – German energy firm E.ON (EONGn.DE) has temporarily suspended new natural gas supply contracts for residential customers, the company said on Tuesday, as suppliers across Europe struggle with a steep post-lockdown rise in demand.

“We have been reviewing new customer contracts for a few days, as we must take the sharp rise in procurement costs into account in our pricing,” a company spokesperson said, without specifying how long the suspension would last.

Supply to customers with existing contracts would continue as normal, the spokesperson said.

E.ON is the first major German energy supplier to make such a move though other smaller providers have already done so, with two abruptly ending the electricity contracts of several hundred customers last week.

Gas prices in Germany have surged in recent months in line with the rest of Europe, but the country has not yet seen energy providers collapse as has happened in Britain. read more

Reporting by Victoria Waldersee; Editing by David Clarke

Our Standards: The Thomson Reuters Trust Principles.

Source link

Previous Post

“There will be things that people can’t get,” at Christmas, White House warns

Next Post

Maersk suspends five crew members as it investigates alleged sexual assault

Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

Next Post
Maersk suspends five crew members as it investigates alleged sexual assault

Maersk suspends five crew members as it investigates alleged sexual assault

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About
  • Privacy & Policy
  • Contact Us
Call us: +1 234 JEG THEME

© 2021 Procurement Nation - Supply Chain & Logistics News

No Result
View All Result
  • Procurement
  • Supply Chain
  • Logistics
  • Science
  • Technology

© 2021 Procurement Nation - Supply Chain & Logistics News