Germany seizes Russian gas company ...News

Berlin’s economy minister called the decision ‘urgently necessary’ to maintain the country’s energy supply Germany has taken ownership of a local branch of Russia’s state-owned energy giant Gazprom. Berlin’s energy regulator will temporarily control the company despite Moscow’s previous insistence that such a move would be illegal. Gazprom Germania, a subsidiary of the Saint Petersburg-based firm, operates some of the country’s largest natural gas storage facilities.  Economy Minister Robert Habeck announced the decision on Monday, arguing it would mean that Germany’s energy infrastructure is not “subject to arbit

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