Following the Kremlin’s decision to pay for gas supplies in rubles and Gazprom’s announcement that it was leaving Germany and the main subsidiary of Gazprom Germaniaturmoil prevails in the German Ministry of Economy regarding the next day and the scenarios for the future legal status of Russian energy giants.
In addition to Gazprom’s subsidiary – which in turn maintains a number of smaller subsidiaries in Germany, which cover the full range of gas flows – the issue of Rosneft Deutschland oil is also on the table.
Crucial refineries for the German economy
O Gk. Schroeder chaired Rosneft’s supervisory board. Here with See Putin in 2017
The future of major oil refineries in Svend, East Germany, where Rosneft PCK holds 54% of the share capital, is at the heart of the scenarios being considered by Economy Minister Robert Habeck with the aim of immediate independence from Russian energy. -Dutch Shell has already announced its departure.
The German Ministry of Economy seems to be considering the appropriate rescue model, possibly also its nationalization due to the importance of its infrastructure for supplying the German market with oil and its derivatives.
According to Robert Habeck, Rosneft’s business model in Germany is based on the cheap purchase and refining of Russian gas, something that Germany must immediately reconsider in the context of its dependence on Russian oil. “In my opinion, it is our political duty,” he said.
Another “red line” breaks
At the same time, the focus of the calculations of the Ministry of Economy is the Gazprom Germanyresponsible for the management, storage and marketing of natural gas in Germany, which is wholly owned by Russia and owns critical gas units and pipelines on German soil.
For the first time in German energy history, a group of exclusively foreign interests is under state management, with the Federal Bureau of Networks (Bundesnetzagentur) as administrator until September, following the activation of Article 6 of the Foreign Trade Act.
According to Robert Habek, the decision to outsource the management to a service under the German government is required for reasons of “public safety and order”, which is considered necessary to continue to ensure the flow of gas.
DW
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