Germany looks to rescue energy company Uniper

Photo: ANP

Germany is prepared to save energy company Uniper, but wants to lay down the possibilities in a new law on energy security. This reports Reuters news agency on the basis of insiders. As part of the rescue, the German state could take a stake in Uniper. The corona support to airline Lufthansa is taken as an example.

Uniper is getting less gas than usual as Russia cut the amount of gas it supplies through the Nord Stream pipeline by 60 percent last month. As a result, the German energy company has to buy gas on the energy market itself and pay high daily prices. This is at the expense of the financial position of the company, which already withdrew its own financial expectations for this year.

Several ministries are currently discussing additions to the new law, the German Ministry of Economic Affairs said. One of these is the possibility of a special levy to share the cost of more expensive energy fairly.

Germany looks to rescue energy company Uniper
Source link Germany looks to rescue energy company Uniper

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