US authorizes deals with company formerly known as Gazprom Germania GmbH

The US Department of the Treasury authorized on July 14 transactions involving Securing Energy for Europe GmbH (SEFE) formerly known as Gazprom Germania GmbH by December 16, 2022, according to the general license released by the Department of the Treasury.

The issue is about transactions restricted by Washington’s administration over the situation in Ukraine, TASS reports. 

Gazprom Group terminated the participation in Gazprom Germania GmbH and all its assets, including Gazprom Marketing & Trading Limited, on March 31, 2022.

The company since March 31 ceased to be the owner of St. Petersburg-based Gazprom Export Business Services subsidiary, which in its turn was the sole founder of Gazprom Germania GmbH. The Russian holding said earlier that those companies should stop using Gazprom’s trademarks.