Germany Considering Nationalizing Units Of Russia S Gazprom Rosneft
Germany is considering nationalizing Gazprom and Rosneft’s plants in the country, the business newspaper Handelsblatt reported, citing government sources. The two Russian energy giants have a significant footprint in Europe’s largest economy, with Gazprom Germania having gas storage facilities and Rosneft Deutschland accounting for a quarter of Germany’s refineries, per Handelsblatt. Berlin is also considering expropriating Gazprom assets by forcing the giant to sell its gas storage facilities across Germany, Politico reported on Friday, citing a government official and two others who had been informed of the plans....