German gas giant pleads for state funding amid energy crisis ...News

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Uniper has asked for extra government aid amid mounting losses stemming from its attempts to replace Russian gas Germany’s largest gas importer – Uniper – has been struggling to replace missing Russian gas supplies as the company’s losses are mounting, its CEO, Klaus-Dieter Maubach, admitted this week. The company might also run out of the money provided by Berlin in the form of an aid package later this month, he warned. Amid reduced gas supplies from Russia, which Moscow blamed on technical issues and Western sanctions, Uniper had to substitute the missing volumes by buying gas at high prices on the spot market

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