Classics: Federal Network Agency is directed by Gazprom subsidiary

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The Federal Government has taken over the supervision of the German gas supply led by Russia by the order. Federal Minister of Economics Robert Habeck (Greens) temporarily used the Federal Network Agency as a trustee for the German subsidiary of the Russian State Group Gazprom.

Die Zentrale von Gazprom Germania in Berlin. © Paul Zinken / DPA The headquarters of Gazprom Germania in Berlin.

Dabel justified this with unclear legal relationships and a violation of reporting regulations. The aim is to ensure security of supply. Gazprom is still the largest gas supplier in Germany.

The Gazprom Germania GmbH deals in Germany itself and its subsidiaries critical infrastructures, said DAUL. "It works in the field of gas trading, gas transport and storage and for gas supply in Germany of paramount importance.» Gazprom operates, among other things, the largest gas storage store in Germany, which eliminates the fifth of German storage capacity.

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According to Daheck, the parent company had surprisingly informed a few days ago that he retreats from Gazprom Germania and its investments. "Not to be communicated who the new economic and legal owners should be this involvement," says DAUL. This is already a violation of the obligation to report under the Foreign Economy Regulation.

«Midforist acquisition» The Gazprom Germania

However, the Ministry has "knowledge" by a "indirect acquisition" of the Gazprom Germania by "JSC Palmary and Gazprom Business Export Services LLC". When operating critical infrastructure, every acquisition must be approved by a non-EU investor by the Ministry of Economic Affairs. But it is unclear, "who is economical and legally behind the two companies».

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In addition, the acquirer has arranged the liquidation of Gazprom Germania, which is not lawful as long as the acquisition was not approved. "A liquidity would result in the end of the legal existence of Gazprom Germania."

The Ministry of Economic Affairs thus adopted the arrangement. The basis is the Foreign Trade Act. The Federal Network Agency is temporary by the end of September. This serves the protection of public safety and order and maintaining security of supply. "The step is absolutely necessary," said Dabeck. The security of supply is currently guaranteed, he stressed.

«The Federal Network Agency will use the time to bring order to the circumstances." According to DAU, the Authority is entitled, among other things, entitled to consolidate members of the management and to appoint and to give management instructions. «The perception of the voting rights of the shareholder is excluded.»

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One will not expose energy infrastructures in Germany to arbitrary decisions of the Kremlin, said Hadieck. "The proper perception of the transactions in Germany must be guaranteed, we have to worry about that."

Federal Network Agency as a trustee

The Federal Network Agency declared that she assumes the function of a shareholder for a transitional period and can thus ensure proper management. "We are aware of the responsibility for secure gas supply, which is associated with this task," said President Klaus Müller. "Our goal will be that Gazprom Germania is led in the interest of Germany and Europe. We want to take all necessary steps to further ensure security of supply. The business of Gazprom Germania and its subsidiaries should be continued in this sense controlled. "

The Russian energy giant Gazprom had announced on April 1 to have given up his German subsidiary Gazprom Germania. At the end of March, the Gazprom Group has ended its stake in German company Gazprom Germania GmbH and all its assets, the Russian Group had communicated to his telegram channel.

Gazprom Germania is the owner of further important companies of the German gas economy. These include, for example, the Gas Trader Wingas, who, among other things, supplies stadtwerke, the gas storage operator Astora and a minority stake in the gas transport company Gascade.

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