Global Trade Alert
Global Trade Alert

Germany: Government takes 100% ownership of SEFE Securing Energy for Europe GmbH

Announcement

11 Nov 2022

In November 2022, the European Commission approved a German action to acquire 100% ownership of SEFE GmbH, thereby replacing Gazprom Export LCC, in order to secure gas supply in Germany. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

11 Nov 2022

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

On 11 November 2022, the European Commission approved a German EUR 225.6 million (USD 232.5 million) investment thereby taking 100% ownership of SEFE Securing Energy for Europe GmbH (SEFE GmbH) in ord...

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