EU countries nationalize Gazprom structures



Two EU countries immediately announced the nationalization of structures previously controlled by the Russian Gazprom. On Monday, Polish Development and Technology Minister Waldemar Buda issued a decision that Poland withdraw Gazprom’s stake in EuRoPol Gaz, which operates the Polish section of the Yamal-Europe gas pipeline network, writes portal “Radio Liberty” .

By decision of Buda, a temporary compulsory administration will be established on the shares of Gazprom. This is necessary because Gazprom itself is under EU sanctions and cannot be fully responsible for the proper functioning of critical infrastructure.

On the same day, Germany informed The Financial Times announced the nationalization of the local subsidiary of the Russian gas group Gazprom Germania. It will be renamed Securing Energy for Europe GmbH (SEFE). According to the German authorities, nationalization is necessary to preserve the country’s energy security: Germany’s largest gas storage facility in the municipality of Rehden in Lower Saxony depends indirectly on SEFE. On November 12, the European Commission allocated 225.6 million euros to solve this problem.

  • After the outbreak of war, Germany announced its intention to phase out Russian energy resources. Previously, 40% of all natural gas used in Germany was imported from Russia. Today, that figure has fallen to 7%.

Source: delfi

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