Home » UK prepares to temporarily nationalize Gazprom's subsidiary – Bloomberg

UK prepares to temporarily nationalize Gazprom's subsidiary – Bloomberg

by alex

Subsidiary supplies approximately 20% of UK industrial and commercial gas.

UK government prepares to intervene and temporarily lead British department of retail deliveries of Gazprom, as it is under increasing pressure from companies that do not support it because of the war of the Russian Federation in Ukraine.

This is reported by Bloomberg, citing own sources competent in this matter.

“Gazprom Marketing & Trading Retail Ltd. is a prime candidate to be placed under special treatment in the UK in case of failure, to ensure continuity of supply Officials are closely monitoring the situation in a company with more than 30,000 business clients,” the statement said.

The British authorities are ready to temporarily nationalize Gazprom Marketing & Trading Retail Ltd. is a natural gas retailer in the UK.

Subsidiary supplies approximately 20% of UK industrial and commercial gas.

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