Reply To: Energy Crisis Pushes German Gas Giant Uniper SE To Seek 9 Billion Euro Bailout


Uniper CEO Bemoans Germany’s Lack of LNG Capacity (3:10 p.m.)

Germany’s lack of liquefied natural gas import terminals is making the nation’s energy crisis more acute, according to Klaus-Dieter Maubach, chief executive of Uniper SE.

“In Germany, we don’t have options,” he said at the Gastech conference in Milan. “We would be able to replace a lion share of Russian gas if we had infrastructure.”

Natural gas prices in Europe are likely to ease from today’s elevated levels, according to Maubach. However, there are no indications prices will get back to low levels soon.