Executives at Gazprom’s British trading arm have been exploring potential buyout possibilities from its Russian state-owned parent, as it teeters on the brink of insolvency, according to an exclusive report published on Sky News. Top officials including senior managers are apparently hatching plans to acquire the division, as large customers including Mcdonald’s and Siemens
Russia-owned Gazprom Marketing & Trading narrowly averted insolvency in March by meeting a key monthly payment deadline, but concerns are mounting over whether it can remain afloat next. | March 23, 2022
(Bloomberg) U.K. taxpayers could face billions of pounds in costs if the government ends up nationalizing a unit of Gazprom PJSC that supplies about a fifth of the country’s commercial gas.
Temporarily running Gazprom Marketing & Trading Retail Ltd.