The Bundesnetzagentur (BNetzA), an independent German regulatory authority, which is now the fiduciary for Gazprom Germania GmbH and its subsidiaries has published a letter of comfort to inform and reassure our business partners, banks and service providers.
In summary, the letter highlights the criticality of the services which Gazprom Germania GmbH and its subsidiaries provide to the stability and security of the gas supply sector across Europe and specifically requests that these stakeholders “continue their business relations with these companies [Gazprom Germania GmbH and its subsidiaries] in the usual manner and without additional restrictions or changes”.
GAZPROM Germania GmbH is now SEFE Securing Energy for Europe GmbH
Bundesnetzagentur appoints new managing director at Gazprom Germania
German federal government secures fiduciary management of Gazprom Germania for the longer term and grants KfW loan to ensure security of supply
