German government agency for control of electricity networks (Federal Network AgencyAfter the Russian parent company declared that it would dispose off the German Gazprom subsidiary, ), ) has taken provisional control of Gazprom’s German subsidiary as a trustee.
This announcement was made Monday by Vice-Chancellor and Minister of Economy. Robert HabeckIt was clear that this step was necessary in order to guarantee supply, at the very least, until September 30, 20,22. It justified the move by The lack of legal clarity regarding the company’s current situationThis was due to the fact the Russian parent company had not adhered to transparency standards after it announced that it would divest the subsidiary.
According to “Der Spiegel”, Gazprom tried in recent daysTransfer Gazprom Germany from a company located in Saint PetersburgThe German State has not been allowed to expropriate Gazprom Germany. Habeck noted that Gazprom Germany’s new owners were not yet clear.
Gazprom Germany plays a major role in the German gas market Both in storage and trade and transport.