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Uniper more resilient in latest Middle East energy crisis, CEO says

DUESSELDORF, March 11 (Reuters) - Uniper UN0k.DE does not procure liquefied natural gas from the war-stricken Middle East region, where U.S.-Israeli attacks on Iran have created price spikes in oil and gas, the German utility's CEO Michael Lewis told analysts on Wednesday.

Speaking after the group published annual results, Lewis said that while higher prices may bring back memories of the 2022 energy crisis in Europe, which triggered Uniper's nationalisation, the company was today much more resilient.

"We do not assume a long-lasting conflict," Finance Chief Christian Barr said, adding that he does not expect prices to spike like they did in 2022.

(Reporting by Christoph Steitz and Tom Kaeckenhoff
Editing by Ludwig Burger)

((christoph.steitz@thomsonreuters.com; +49 30 220 133 647))

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