German energy giant Uniper on Monday said it had drawn down its €2bn credit facility from Germany’s state-owned KfW bank as it continues talks with Berlin over a bailout amid the gas supply crisis.
Uniper said it drawn the cash due to disruptions in the supply of Russian gas and the corresponding effects on the energy markets and exchanges.
The company, which is Germany’s biggest gas importer, is now at the centre of consultations between the German and Finnish governments.
State-dominated Finnish utility Fortum holds a 78% stake in Uniper.
Finnish cabinet member Tytti Tupparainen, who is responsible for policy related to government-owned companies, visited Berlin last week for talks.
