the German government Gazprom controls Germania, even temporarily. Federal Economics Minister Robert Habeck (Greens) has announced that the Federal Network Agency will be appointed administrator of Gazprom Germania. The deputy chancellor made the announcement at a short-notice news conference in Berlin on Monday.

The German government controls Gazprom Germania, albeit temporarily. Federal Economics Minister Robert Habeck (Greens) has announced that the Federal Network Agency will be appointed administrator of Gazprom Germania. The deputy chancellor made the announcement at a short-notice news conference in Berlin on Monday.

This is a temporary solution already will apply temporarily until September 30, 2022Habek’s clarification. This legal order under Article 6 of the Foreign Trade and Payments Law has been closely communicated within the Federal Government and will be officially published today, Habeck said.

“The guardianship order serves to protect safety and public order and to maintain security of supplyHabeck said. The measure is “absolutely necessary”, but security of supply is currently guaranteed.

Gazprom’s subsidiary in Germany

Gazprom Germania GmbH, headquartered in Berlin, is a 100% subsidiary of Russian energy company Gazprom. In turn, Gazprom Germania owns other companies in the German gas industry.

These include the trading companies Wingas and WIEH, the gas storage operator Astora, which operates Germany’s largest gas storage facility in Rehden, and a minority bet in the Gascade gas transportation company.

These gas storage facilities they have been empty for almost a few months. The German government assumes this is a deliberate move to destroy Germany’s energy supply.

Under a new law, gas storage facility operators are now required to fill storage facilities to at least 90% by early December.

The complaint

The logo of German subsidiary Gazprom Germania can still be seen at its headquarters in Berlin, despite the fact that last Friday, the Russian state corporation Gazprom unexpectedly announced that he had split up of its German subsidiary Gazprom Germania in the short term.

“On March 31, Gazprom Group terminated its participation in the German company Gazprom Germania GmbH and all its assets, including Gazprom Marketing & Trading Ltd,” the Russian group announced on its Telegram channel. No further details provided.

the German newspaper Handelsblatt announced the other day that German authorities were considering nationalizing Gazprom’s subsidiary in the face of a possible shutdown of Russia’s gas supplies. “We consider that just studying that matter is unacceptable”The spokesman for the Kremlin, Dmitri Peskov, responded from Moscow to these reports.