• 2 min de lectura
• 2 min de lectura
Uniper expects gas prices to remain around 50 to 60 euros per megawatt-hour as long as the Strait of Hormuz remains closed to navigation, according to Germany's largest gas importer.
"Prices would have to come down to ensure that German gas storage facilities reach the 70% target by November," Uniper CEO Michael Lewis told reporters after presenting Uniper's first-half results.
German gas storage caverns were at 48% capacity as of August 9, below the 64% recorded a year ago and the European Union average of 59%, raising fears that levels will not be high enough to face a harsh winter.
"These very high prices are detrimental to our customers, to industry, and to our economy. That's why we need a solution," Lewis stated, while highlighting the challenges facing the world's third-largest economy and Europe as a whole.
The war with Iran triggered a surge in gas prices, meaning the fuel is preferred for sale rather than storage.
Typically, gas caverns are filled during the summer when prices are usually lower, but the conflict between the United States and Iran has reversed this trend.
Efforts to reopen the strait, a key passage for liquefied natural gas transport, were complicated on Monday after US President Donald Trump responded to Iran's conditions for a peace deal with his own demands.
