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German Government Nationalizes Gas Unit Seized From Gazprom

Por: The New York Times World November 15, 2022

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The German government said on Monday that it would nationalize a former subsidiary of Gazprom, Russia’s state-owned natural gas monopoly, to maintain the country’s energy security.Last spring, Germany seized the company, formerly Gazprom Germania but now known as Securing Energy for Europe, or SEFE, and put it in a trust. By becoming sole owner, the German government can infuse the company with 225.6 million euros ($233 million), ensuring... + full article



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