Ex-Gazprom subsidiary SEFE will need more than 5 billion euros to replace Russian gas
Gazprom’s former German subsidiary SEFE Securing Energy for Europe GmbH (formerly known as Gazprom Germania GmbH) will need more than five billion euros to replace undelivered Russian gas. About it reported SEFE Managing Director Egbert Läge in an interview with Der Spigel.
He noted that gas supplies had already declined. “With the sanctions, we then lost everything, both pipeline gas and liquefied natural gas,” Laguet said, adding that according to the current state, a little more than four billion euros will be required to maintain the liquidity of the company, and more than five billion to replace gas from Russia. .
“Today’s purchase prices for gas are much higher than we originally expected. So ensuring supplies, which is our main goal, will probably cost more than we thought, ”Lage admitted. Despite this, he expressed confidence that Germany will be able to bypass the highest level of danger, at which gas must be rationed. He also called the filling rate of gas storage facilities, which is about 78 percent, encouraging for this time of year.
At the end of June, it became known about the resumption of work of SEFE in Germany. The company received a loan of 10 billion euros, which, according to the managing director Lage, provided it with the necessary liquidity.
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