Uniper In Bailout Talks With German Government As Russia Cuts Gas Supply

Uniper In Bailout Talks With German Government As Russia Cuts Gas Supply

OilPrice.com

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German energy giant Uniper, one of the largest customers of Russia’s Gazprom, has initiated talks with the German government on possible measures to stabilize its finances amid low Russian gas deliveries and soaring gas prices. “Uniper entered into discussions with the German government on possible stabilization measures for which a number of instruments could be considered, such as guarantees and collateral, increasing the current not yet drawn KfW credit facility, and equity investments,” the company said in a statement. Uniper…

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