Gazprom Group has established a new company to satisfy Germany’s trade regulations by forming new company Gazprom NGV Europe in Berlin on August 24. The new company is a wholly-owned subsidiary of Gazprom Germania GmbH and will continue its CNG business.
Gazprom NGV Europe currently operates 50 natural gas filling stations in Germany and has already constructed a further ten filling stations in the Czech Republic and Poland.
The establishment of this company will fulfil all the regulatory requirements of the German Energy Industry Act, which stipulates the separation of trade and transportation of natural gas.
Mr Uwe Johann from Gazprom Marketing and Trading Ltd has been appointed as Managing Director of the new company.
(Source: Gazprom Marketing and Trading Ltd)