The German federal network regulator has urged the customers, partners, and banks working with the German unit of Russian gas giant Gazprom to keep doing business with the company so as to avoid insolvency of Gazprom Germany and a possible threat to gas supply. “Without being able to procure operating resources or offer services, the operational business would be at risk, while without access to financial resources, the group could face insolvency,” Germany’s Federal Network Agency, known as BNetzA, wrote in a letter seen by Bloomberg.
…Germany Looks To Avoid Insolvency Of Local Gazprom Unit
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