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Uniper Prepared for LNG Cargo Swaps

LNG

Germany’s struggling utility Uniper has told Reuters it is prepared to swap Australian LNG cargoes for US gas this winter to boost supplies to Europe at a quicker pace.

  • Uniper could make available to customers in Europe, U.S. LNG that was earmarked for Asian customers and could be sitting in the Atlantic, speeding up potential supply according to the reports.
  • "Uniper does its utmost to bring in additional or redirect existing cargoes to Germany. The volumes from Australia could be swapped against volumes originating in the U.S. and currently in the Atlantic and destined for Asian buyers in China, India and Japan," a Uniper Spokesperson said.
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Germany’s struggling utility Uniper has told Reuters it is prepared to swap Australian LNG cargoes for US gas this winter to boost supplies to Europe at a quicker pace.

  • Uniper could make available to customers in Europe, U.S. LNG that was earmarked for Asian customers and could be sitting in the Atlantic, speeding up potential supply according to the reports.
  • "Uniper does its utmost to bring in additional or redirect existing cargoes to Germany. The volumes from Australia could be swapped against volumes originating in the U.S. and currently in the Atlantic and destined for Asian buyers in China, India and Japan," a Uniper Spokesperson said.