What price range for gas does Uniper expect, and what condition is tied to that forecast?

Uniper expects gas prices to remain around €50 to €60 per megawatt hour as long as the Strait of Hormuz remains closed, according to its CEO Michael Lewis.

Why does Uniper consider the current high gas prices problematic, and what does it call for?

Uniper considers the high gas prices 'bad for our customers, bad for the industry and bad for our wealth', and therefore calls for 'a solution' to resolve the situation, as stated by CEO Michael Lewis.

Uniper expects elevated gas prices as Hormuz opening elusive

Aug 11, 2026

German utility Uniper warned natural gas prices will stay around €50–€60/MWh while the Strait of Hormuz remains closed. CEO Michael Lewis highlighted geopolitical tensions involving Iran and the U.S. as critical barriers to reopening the vital LNG transport route.

reuters

2026-03-26

Uniper Pauses Development of UK Blue Hydrogen Project

2026-08-11

Uniper expects elevated gas prices as Hormuz opening elusive

Uniper expects elevated gas prices as Hormuz opening elusive

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