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Uniper to Sell Gas Pipeline Stake to Meet EU State Aid Conditions, TAQA Reported as Potential Suitor
oilprice.com · September 14, 2026 · Week 2026-38
Summary
German utility Uniper is selling its 20% stake in the OPAL gas pipeline to meet EU state aid conditions following its 2022 government bailout. This divestment is part of a broader restructuring where the German government must reduce its 99% stake, creating a potential acquisition opportunity for international players. Abu Dhabi's TAQA is reportedly among the interested parties, signaling a potential major European expansion for the UAE utility.
Strategic Implication
Uniper's forced restructuring presents a significant potential acquisition target for expansion-focused MENA utilities like TAQA, offering a path to a major European energy portfolio.