Gazprom companies will not return to the Russian fold

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

The German energy regulator seized control of Gazprom Germania to ensure security of supply

A cyclist passes the headquarters of Gazprom Germania, in Berlin, Germany, April 1 2022. Picture: FABRIZIO BENSCH/REUTERS

The German energy regulator seized control of Gazprom Germania — which owns energy supplier Wingas and a gas storage firm — to ensure security of supply. The company’s subsidiaries include the trading arm in London, a UK retail supplier and businesses from Switzerland to Singapore. Since Germany took control of the companies earlier in April, some peers have gone back to doing business with Gazprom Marketing & Trading, while others are “in the process of digesting recent events”, according to the email.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gazprom companies will not return to the Russian foldThe German energy regulator seized control of Gazprom Germania to ensure security of supply Im a carpenter I got retrenched in 2020. Im struggling to find employment. My children often cry themselves to sleep because they sleep hungry😭. I don't feel like a man because of that💔. I ask for any food nearing their expiry date🙏🏻
Source: BDliveSA - 🏆 12. / 63 Read more »