The UK supply arm of Russia’s state-owned gas firm Gazprom is expected to be placed under taxpayer control within days as customers attempt to flee the firm in retaliation for the invasion of Ukraine.
Gazprom Energy supplies over a fifth of gas used by commercial and public sector customers in the UK including companies like Siemens, McDonald’s, local councils and hospitals.
It does not offer services to households.
The company had been trying to find a buyer in the wake of the corporate backlash against the country, including sanctions which have targeted its parent firm, according to the Sunday Times.
It is believed that Gazprom does not supply UK customers with gas sourced from Russia. Pic: AP
However, it is understood that the UK government is now preparing to step in to ensure continuity of supply should that effort fail.
An announcement is expected within days, given the scale of Gazprom Energy’s customer base and its importance to the economy.
A government spokesperson said: “We are aware that Gazprom…
