Gazprom Germania, an energy trading, storage, and transmission business ditched by Russia’s GazpromĀ on Friday, will be transferred to Germany’s regulator to ensure energy security, Economy Minister Robert Habeck said on Monday. All voting rights in the company will be moved to the regulator, the Bundesnetzagentur, Habeck told a news conference. The move was immediately put into effect by publication in the Federal Gazette. “The order of the trust administration serves to protect public security and order and to maintain the security of supply,” Habeck said. “This step is mandatory.” Habeck added that security of supply was currently guaranteed at a time of crisis in energy ties between Germany and Russia in the wake of Russia’s Feb. 24 invasion of […]