German energy provider faces huge losses amid gas crisis
Aug 17th 2022 4:54am EDT
Bailed-out Uniper blames shrinking gas flows from Russia for its disastrous financial performance German electric utility Uniper suffered a €12.3 billion ($12.5 billion) net loss in the first half of 2022 due to a sharp decline in natural gas supplies from Russia, according to the company’s earnings statement released on Tuesday. “Uniper has for months […]
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