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Uniper

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile3 entries

  1. 2022

    Russian gas crisis and German nationalisation

    Uniper's dependence on Russian pipeline gas became a major public controversy after supply reductions forced the company to buy replacement gas at much higher prices. The resulting liquidity crisis required an unprecedented German rescue and eventual nationalisation. The episode also drew scrutiny because Uniper had financed Nord Stream 2 and, in April 2022, announced that it would pay for Russian gas under the ruble-conversion mechanism demanded by Moscow.

  2. 2020

    Criticism over new coal-fired generation

    Uniper faced environmental and political criticism for commissioning new coal-fired generation in Germany at a time when the country was pursuing coal reduction and decarbonisation.

  3. 2020

    Polish watchdog fines Gazprom over Nord Stream 2

    Fine or penalty

    Poland's anti-monopoly watchdog said it fined Gazprom more than 29 billion zlotys for building the Nord Stream 2 gas pipeline without its approval. The watchdog also said it fined five other firms involved in financing the project, including Uniper, Wintershall, Shell, OMV, and Engie.

    Source excerpt

    • Uniper and BASF's Wintershall unit, Anglo-Dutch company Shell, Austria's OMV and Engie.
    • WARSAW: Poland's anti-monopoly watchdog said on Wednesday it had fined Russia's Gazprom more than 29 billion zlotys ($7.6 billion) for building the Nord Stream 2 gas pipeline without its approval.
    • The UOKiK watchdog also said it had imposed a 234 million zloty fine on five other firms involved in financing $11 billion project set to double Russia's gas export capacity via the