Germany is nearing a nationalization of gas importer Uniper (UN01.DE) in the wake of an energy crisis that has left the government of Europe’s top economy with few other options to keep its industry going. Germany is set to buy Fortum’s (FORTUM.HE) 78% stake in Uniper and inject a further 8 billion euros ($8 billion) into the energy group that is expected to give Berlin a stake of more than 90%. Uniper, Germany’s largest importer of Russian gas, burned through its cash reserves sourcing gas on the spot market after Russia cut flows to Germany, triggering a rescue package with Berlin which was agreed in July. read more Uniper said it was in final discussions with the government and Fortum to amend the July bailout package which has proved insufficient given spiralling gas prices. “As a result, it is envisaged that the Federal Government […]