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In Germany, the former “daughter” of “Gazprom” will be nationalized

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THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

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After Uniper, the German authorities intend to nationalize the former subsidiary of Gazprom – SEFE (Securing Energy for Europe). It is reported by TASS with reference to the magazine Der Spiegel.

Until 2022, the company was called Gazprom Germania GmbH. Plans to nationalize the company are related to measures to stabilize the gas importer VNG, which requested state assistance in early September. Through the former “daughter” of “Gazprom” VNG entered into contracts for the supply of gas until pumping through the “Nord Stream” has not stopped.

It is noted that in April the German Ministry for Economic Affairs and Climate Protection placed Gazprom Germania GmbH under the trusteeship of the Federal Network Agency until September 30. On March 31, the Gazprom Group terminated its participation in Gazprom Germania GmbH and all of its assets.

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The company’s statement explained that since March 31, the holding no longer owns the subsidiary Gazprom Export Business Services, registered in St. Petersburg, which in turn is the sole founder of Gazprom Germania GmbH.

Source: Rosbalt

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