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BASF Considers Selling Gas to Grid if Russia Halts Deliveries

  • Chemicals firm is saving the fuel by cutting ammonia output
  • European energy prices are surging on gas supply concerns
The BASF SE plant on the River Rhine in Ludwigshafen, Germany.

The BASF SE plant on the River Rhine in Ludwigshafen, Germany.

Photographer: Alex Kraus/Bloomberg

BASF SE may sell unused natural gas back to Germany’s grid in case Russian deliveries grind to a sudden halt, according to people familiar with the matter, a move that would aid Europe’s last-ditch efforts to conserve the fuel.

BASF’s decision to further cut its gas-intensive ammonia production will enable the company to offer surplus fuel in an auction under Germany’s emergency gas supply plan, the people said, declining to be named because the deliberations are private.