Berlin decided "not to anger Putin" in the issue of the nationalization of the assets of "Gazprom"


The head of the German economic department, Robert Habek, spoke about the need to nationalize Gazprom's subsidiary in Germany, Gazprom Germania. The firm no longer receives Russian gas and is on the verge of bankruptcy.


However, Olaf Scholz did not agree with the nationalization plans. The German chancellor expressed concern that such a move could "piss off Russian President Vladimir Putin" and escalate the standoff over Russian gas supplies. This was stated in an interview with Bloomberg by people who wished to remain anonymous, since the negotiations were private.

Now the work of the former division of Gazprom is controlled by the German energy regulator. To keep the company afloat, Berlin plans to allocate about 10 billion euros.

Under the terms of the financial assistance, the German state bank KfW Group will issue a loan, part of which can eventually be converted into a direct share under a new form of trust management. In the future, the name of the company will be changed to Securing Energy for Europe GmbH.

It is reported that the loan is intended to stabilize the financial position of Gazprom Germania and ensure the security of further gas supplies.
  • Photos used: James Offer/flickr.com
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  1. Bakht Offline Bakht
    Bakht (Bakhtiyar) 15 June 2022 14: 28
    0
    Weird analytics. Gazprom officially withdrew from the shareholders of Gazprom Germania. After that, quite a profitable company went bankrupt. Who are going to nationalize? This company is not an asset of Gazprom.
    1. boriz Offline boriz
      boriz (boriz) 15 June 2022 19: 05
      0
      Most recently, I wrote here https://topcor.ru/26031-avstrija-pereshla-k-realizacii-ugroz-v-otnoshenii-rossijskih-gazovyh-hranilisch.html#comment-id-252353 that this will not end well.

      No one yet knows how the heroic opupei of the FRG on the expropriation of underground storage facilities will end. Every UGS facility in Europe is a subsidiary of Gazprom. With a real attempt to take away UGS facilities, the daughter goes bankrupt. This has already been shown in Germany. My daughter, of course, has a long-term contract with Gazprom. At decent prices. No daughter - no contract. Do you want gas? Yes please! At spot prices with prepayment. Strictly according to the wretched brainchild of the EU, the third energy package. Or download LNG (a rather big price + delivery from the terminal to the UGS facility).

      It seemed easy to calculate that without Gazprom there would be no cheap gas in UGS facilities. No loans will help. So no, you have to step on a rake, and then shout: "Why does it hurt so much? What are we for?" Apparently communication with diggers of the seas is more contagious than covid.
  2. gorenina91 Offline gorenina91
    gorenina91 (Irina) 15 June 2022 15: 23
    -3
    The head of the German economic department, Robert Habek, spoke about the need to nationalize Gazprom's subsidiary in Germany, Gazprom Germania.

    - Something about this "Gazprom Germania" here on the site is becoming a "talk of the town"!
    - She today at all - whose? - German ??? - Gazpromovskaya ???
    - If German - then why should it be nationalized?
    - If it is Gazprom, then too - what is left of it? - Office and "furnished rooms"? - All Gazprom's gas storage facilities that are on the territory of Germany - the Germans have already squeezed out! - So why nationalize something?

    To keep the company afloat, Berlin plans to allocate about 10 billion euros. It is reported that the loan is intended to stabilize the financial position of Gazprom Germania and ensure the security of further gas supplies.

    - Whoa! - The Germans, as always, hope and count on the nearness and obedience of Gazprom! - The Germans really want to remain active players in the gas market and trade in Russian gas, which they do not have! - They have already made a lot of money on the spot market, trading non-existent Russian gas!
    - So everything would "go and go" further (the Germans were simply delighted) - but then the WSO "happened" in Ukraine; because Ukraine has completely brains "went sideways"!
    - And the Germans - whether you like it or not - but you need to fulfill the will of their American masters and support them with more and more new sanctions against Russia! - What kind of freebie spot market is here - the freebie is over !!!
    - And what should Germany do??? - Now this Germany is like a "servant of two masters" (one master is the USA; and the other is Russian Gas - yes, yes, yes - exactly - Russian Gas - is the second master of Germany, and not Gazprom itself) - and gets out how can ! - And it will probably get out - after all, the WZO will end (most likely in the winter of 2023) and the obedient and narrow-minded Gazprom will again "go towards Germany" and again become an accommodating and compliant "partner" for it !!!