Friday, July 31, 2015

Putin's Energy Giant Falls on Hard Times - Bloomberg View

Putin's Energy Giant Falls on Hard Times - Bloomberg View





Current regulatory intervention in the energy sector has the potential to have huge consequences on the group's income and is therefore considered to be a significant factor. The current direction of energy policy in favor of renewable energies -- particularly in Germany -- may severely limit the competitiveness of natural gas. Both current price regulation for grid usage and potential future price regulation for underground storage facilities will have negative consequences on the marketing and trading of natural gas and may limit Gazprom Germania's investment and project activities.

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