MOSCOW (Reuters) - The Russian government commission that reviews deals involving foreign investors could consider before the end of the year Finnish utility Fortum's to raise its stake in Germany's Uniper , Interfax reported.

Russian regulators have so far capped Fortum's ownership in Uniper at 49.99% due to a strategic water licence operated by the German firm's Russian subsidiary Unipro .

(Reporting by Polina Devitt; Editing by David Goodman)