Gazprom Germania GmbH – owner of energy supplier Wingas GmbH and gas storage company –
German Economy Minister Robert Habeck told reporters that he will be under the tutelage of Germany’s energy regulator until September 30.
The official said the move comes after the Russian gas giant withdrew from the German subsidiary without obtaining government approval, in violation of German law.
Gazprom subsidiaries in Europe are under pressure as customers and partners refuse to do business with them,
Which raises the possibility that some will not survive.
The Astora unit of Gazprom Germania operates Germany’s largest gas storage facility in the town of Rehden in the northern state of Lower Saxony, which is critical to Germany’s energy security.
“The federal government is doing what is necessary to ensure the security of supplies in Germany,” Habeck said.
In a statement on Monday. “It also means that we do not allow Germany’s energy infrastructure to be like this.”
subject to arbitrary decisions by the Kremlin.
Gazprom announced on Friday that it no longer owns the German subsidiary, in which it also has a commercial arm
UK and units from Switzerland to Singapore. Russian gas giant did not disclose the new capital structure, but documents
Organizers showed that the deal included the departure of Gazprom Export Business Services, which owns Gazprom
Germania. In turn, a company called the Palmari Joint Stock Company became a shareholder of Gazprom Export Business Services.
However, the owner of Palmary is still shrouded in mystery: the company was registered in October at an address in Moscow, and as of March 30, its general manager was Dmitry Tsypelev, according to the Russian Council of Trade.
Habeck said the deal violated German foreign trade law.
“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”
