Germany Faces Criticism Over SEFE’s Renewed LNG Trade With Russia
- SEFE set to take Russian LNG for India delivery next month
- German government has opposed imports of the fuel from Russia
The shipment highlights the complexity and global nature of the trade in LNG.
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
The German government is facing criticism over its energy ties as a taxpayer-backed company re-enters the liquefied natural gas trade with Russia.
Securing Energy for Europe GmbH — a former unit of Russian gas giant Gazprom PJSC — plans to load LNG produced by the Yamal plant in Siberia early next month. Germany nationalized the company, known as SEFE, last year at the height of Europe’s energy crisis.