German energy giant seeks government bailout ...News

Economy by : (Russia Today) -
Uniper cites “extreme financial pressure” caused by reduced Russian gas supply One of Germany’s largest publicly listed energy supply companies, Uniper, has applied for government support. The firm has referenced financial difficulties caused by a drop in the supply of natural gas from Russia as the reason for the move. “Uniper has been hit hardest by the Russian gas curtailment and, as a result, is under extreme financial pressure,” reads the release, published on the parent company’s website on Friday.  The statement goes on to say that, since mid-June, the company has received only 40% of the contracted gas vol

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