Skip to Content

German agency takes charge of subsidiary of Russia’s Gazprom

KIFI

BERLIN (AP) — Germany has put a government agency in charge of a longtime German subsidiary of Russia’s state-owned energy giant Gazprom after an opaque move last week by the parent company to cut ties with the unit. Economy Minister Robert Habeck said Monday that Germany’s network regulator has been appointed as Gazprom Germania’s trustee until Sept. 30. Habeck says the government “is doing what is necessary to ensure security of supplies in Germany, and that includes not exposing energy infrastructure in Germany to arbitrary decisions by the Kremlin.” It wasn’t immediately clear what was behind Gazprom’s move, which came amid tensions between Russia and the European Union over natural gas deliveries.

Article Topic Follows: AP National Business

Jump to comments ↓

Author Profile Photo

Associated Press

BE PART OF THE CONVERSATION

KIFI Local News 8 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content