Press release of SEFE Securing Energy for Europe GmbH
21.06.2022
Since Monday, 20 June 2022, the former GAZPROM Germania GmbH operates under the new company name "SEFE Securing Energy for Europe GmbH" (SEFE). The subsidiaries of SEFE Group with "Gazprom" in their names will change company names accordingly.
The renaming shows the repositioning of the group and sends a clear signal to the market. SEFE’s new name illustrates the new role of the SEFE Group in securing energy supply in Germany and in Europe. The renaming further demonstrates SEFE Groups goal to play a long-term role in the market.
On 3 June 2022, Dr. Egbert Laege was appointed Managing Director of SEFE GmbH. Prior to this role, he served as General Representative of the trusteeship by the Federal Network Agency (Bundesnetzagentur) for the group, established on 4 April 2022.
On 14 June 2022 the company obtained a KfW loan to secure the liquidity and the replacement purchase of gas.
Furthermore, the government decided to extend the fiduciary management of SEFE Securing Energy for Europe GmbH beyond September 2022 and in the long-term.
The management of the SEFE Group will continue to work in order to secure gas supply for German and European customers.
About SEFE
SEFE, an international energy company, ensures the security of supply and drives the decarbonisation of its customers. SEFE’s activities span the energy value chain, from origination and trading to sales, transport and storage. Through its decades-long expertise in trading and the development of its LNG business, SEFE has become one of the most important suppliers to industrial customers in Europe, with an annual sales volume of 200 TWh of gas and power. Its 50,000 customers range from small businesses to municipalities and multinational organisations. By investing in clean energies and especially in the hydrogen ecosystem, SEFE is contributing to the energy transition. The company employs around 2,000 people globally and is owned by the Federal Government of Germany.
