Home Business NewsBusiness Britain to nationalise Gazprom unit in wake up Russia-Ukraine war

Britain to nationalise Gazprom unit in wake up Russia-Ukraine war

by LLB Reporter
22nd Mar 22 11:22 am

The UK government is going to temporarily run Russian gas giant Gazprom’s British retail supply arm in the wake of companies fleeing Russia.

A government spokesperson said: “We are aware that Gazprom Energy has a large presence in the non-domestic energy retail market.”

“Gazprom’s retail business continues to trade in the UK and customers should exercise their own commercial judgement with regards to energy supply contracts they have in place at the moment.”

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