Germany And Europe Set For Energy Rationing After Russian Gas Cuts

Germany And Europe Set For Energy Rationing After Russian Gas Cuts

OilPrice.com

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German gas importer Uniper has said that the country does not rule out undertaking gas rationing at some point following Russia's decision to indefinitely halt gas flows via the Nord Stream 1 pipeline. Uniper, Germany's biggest importer of Russian gas, says it’s also considering legal action against Gazprom to compensate its shareholders for a 90% drop in the company’s market value following a sharp drop in Russian gas supply since June. "We cannot rule out that Germany might look at rationing gas as something that might have to be…

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