German biomethane trader’s bankruptcy leaves 50 public utilities in the lurch

September 5, 2023 |

In Germany, the German news agency DPA reports that BMP Greengas’ insolvency has left €200 million in undelivered biomethane contracts to 50 public utilities, leading the Association of Municipal Companies to ask for special permission to use fossil-based natural gas for power and heat production. Many utilities have been put at risk due to the lack of supplies. BMP Greengas filed for bankruptcy protection in August and hopes to restructure by October when it expects to return to the market.

Category: Fuels

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