Russia has imposed sanctions against the operator of the German UGS “Katarina”
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The German company Erdgasspeicher Peissen Gmbh, which maintains the Katarina underground gas storage facility (UGS) in eastern Germany, has come under Russian sanctions. According to government decree“special economic measures” will be applied to the organization.
The Katarina project was implemented by Gazprom jointly with the German Verbundnetz Gas AG in 2015 near the city of Bernburg. The available gas storage capacity is about 520 million cubic meters. m. In April, the German government decided to introduce temporary external management in relation to the German assets of Gazprom – in particular, the German authorities got broad rights to manage Gazprom Germania.
On the fate of the German assets of Gazprom – in the material “Kommersant” “Germany takes over Gazprom”.
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