Germany Could Nationalize Uniper As Early As Next Week ...Middle East

OILPRICE - Economy
Germany Could Nationalize Uniper As Early As Next Week
source : OILPRICE ( Middle East ) () 29
The German government, energy giant Uniper, and its majority shareholder, Fortum, have reached a preliminary agreement under which Germany will nationalize the country’s largest gas importer, sources with knowledge of the plans told Bloomberg on Tuesday. The German government looks to make the announcement of the nationalization as early as this week, according to Bloomberg’s sources. Germany aims to save its energy companies which have been amassing losses with the lack of contracted Russian gas supply and the high price they have…

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