How Germany Took Over Russia’s Vast Gas-Trading Empire

After Moscow invaded Ukraine, the German government pledged to wean the country off Russian natural gas. This week, it said it would lend billions of euros to the German subsidiary of Russian gas giant Gazprom PJSC to prevent its collapse.

The emergency bailout of roughly 10 billion euros, equivalent to $10.4 billion, announced on Tuesday, came just weeks after Berlin took control of Gazprom’s German business.

Source: https://www.wsj.com/articles/how-germany-took-over-russias-vast-gas-trading-empire-11655371854?siteid=yhoof2&yptr=yahoo