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UK Govt Eyes Potential Nationalization of Gazprom Marketing & Trading Retail Arm

RUSSIA

LOCAL NEWS (2/2)

  • Russia said one of its military goals is to defend the republics of Donetsk & Luhansk and restore their sovereignty within the borders of 2014. Russia also called a meeting of the UNSC for today to discuss the provocation of Ukrainian radicals in Bucha - RIA
  • The British Govt is preparing to nationalise Gazprom’s british supply arm within days worth roughly £4bn. Gazprom’s marketing and trading retail (GM&T) could fall into public hands if it fails to reassure financial counterparties about the nature of an apparent change of ownership signalled by its parent company last week - Sky
  • Kremlin says it could demand RUB for other exports beyond just oil & gas - Tass

Events

  • 1600BST: Lavrov meets Arab League from Ukraine contact group, news conference 1700BST
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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