Gazprom Germania is now forced to buy gas at higher prices, which may affect consumer bills Russia’s sanctions against Gazprom’s former German subsidiary may cost Germany around €5 billion ($5.36 billion) in additional expenses per year, the newspaper Welt am Sonntag reported on Sunday, citing sources within the industry. On March 31, Russia’s state energy giant and major gas exporter Gazprom exited Gazprom Germania in response to Berlin’s move to put the company under a trusteeship amid the Ukraine-related sanctions on Russia. Moscow subsequently stopped supplying gas to the company, which had amounted to some 10
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