Germany mulls nationalizing Gazprom, Rosneft branches – reports ...News

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Germany mulls nationalizing Gazprom, Rosneft branches – reports
Russia says the idea of expropriation is unlawful and “unimaginable” Germany is weighing the prospect of expropriating or nationalizing local subsidiaries of Russian energy majors Gazprom and Rosneft due to concerns over energy security amid anti-Russia sanctions and Moscow’s demand for gas payments in rubles. This was reported on Thursday by German business daily Handelsblatt, which stated that discussions on the matter have been held between senior Economy Ministry officials and Chancellor Olaf Scholz. Both companies are vital for the German energy market. Gazprom Germania operates a number of gas storage facili

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