Germany saves a key energy company that has lost Russian gas

The European Commission decided to allocate 34,5 billion euros to the leading German energy company Uniper, which is engaged in the transportation of Russian gas to consumers in Germany. The purpose of the subsidies is to keep Uniper afloat amid a reduction in gas supplies from the Russian Federation.

Meanwhile, the share of Russian gas in the volumes of natural gas supplied to Germany has dropped to 20 percent this year. In 2021, this figure was at the level of 55 percent. This is reported in the annual report of the Federal Association of Energy and Water Supply Companies of Germany (BDEW). The rest is replaced by supplies from Belgium, France and the Netherlands.

Since September 2022, pipeline gas from Russian fields is no longer supplied to Germany. As a result, Uniper has effectively lost its livelihood and is on the verge of bankruptcy.

At the same time, the Russian Federation has seriously increased the supply of liquefied gas fuel to Europe. According to consulting company B1, over the past 11 months, LNG exports from Russia to the EU have increased by 22 percent to 20 billion cubic meters. In turn, the EU increased shipments of Russian liquefied natural gas to Belgium by 110 percent, to France by more than 50 percent, and to Spain by approximately 40 percent.

Thus, despite the relevant rhetoric about stopping the transportation of energy resources from the Russian Federation to Europe, the countries of the continent continue to use Russian gas.
  • Photos used: Roel Wijnants/
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  1. prior Offline prior
    prior (Vlad) 21 December 2022 12: 55
    At the same time, the Russian Federation has seriously increased the supply of liquefied gas fuel to Europe.

    Well, how can you not help the EU countries, because they all provide assistance to Ukraine .....
    1. boriz Offline boriz
      boriz (boriz) 21 December 2022 17: 52
      If we don't supply LNG, the United States will supply it. But this is an expensive liquefied gas. And it cannot be used as a raw material for the chemical industry of macromolecular compounds, because it is pure methane.
  2. boriz Offline boriz
    boriz (boriz) 21 December 2022 13: 03
    Uniper was formed for cheap Russian pipeline gas. Without this gas, she turned into a suitcase without a handle. The country's leadership needs to make a decision, if this gas returns, the company should be supported in the form it looks like now. If not, it needs to be fundamentally reformatted, it will become an ordinary network company. And not the fact that it is generally needed.
    But for this, there must be people in the country's leadership who are able to make responsible and balanced decisions.
    If there is no such decision, the state will continue to pay off billions of dollars in losses every year.
    Germany also could not help but support this company, Uniper could sue the state (for the non-launch of SP2) and win it. And she is not alone.
  3. Alexander Dutov Offline Alexander Dutov
    Alexander Dutov (Alexander Dutov) 25 December 2022 14: 02
    Surely the Americans came up with this idea - to burn the euro instead of gas))