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The National (Scotland)
The National (Scotland)
National
Abbi Garton-Crosbie

Germany working on nationalisation of three major gas companies in historic bid

Germany Uniper SEFE VNG Robert Habeck Economy Fortum
An employee of Uniper Energy Storage walks through the natural gas storage facility in Bierwang, southern Germany

GERMANY is reportedly in advanced talks to nationalise three large gas importers in a bid to prevent the collapse of its energy market.

Bloomberg reports that state ownership of firms Uniper, VNG AG and Securing Energy for Europe GmbH (SEFE) is the main solution on the table as the country tries to get to grips with its energy supplies ahead of winter. 

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