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Gas surcharge of 34 billion euros goes almost entirely to two companies

The gas levy planned from October in favor of suppliers, who are under pressure due to Russia's gas supply cuts, has been well received.

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Gas surcharge of 34 billion euros goes almost entirely to two companies

The gas levy planned from October in favor of suppliers, who are under pressure due to Russia's gas supply cuts, has been well received. Twelve companies have already asserted claims totaling around 34 billion euros, the joint venture of the gas network operators, Trading Hub Europe (THE)Trading Hub Europe (THE), announced on its website on Monday. Among them are the troubled energy giant Uniper, the Leipzig EnBW subsidiary VNG, the Oldenburg supplier EWE and OMV from Austria.

According to information from the news agencies Reuters and dpa, more than 90 percent of the 34 billion euros that will be incurred for the gas levy by April 2024 will be attributable to just two gas trading partners with Russia. These are the companies Uniper and the former Gazprom Germania.

According to information from people familiar with the process, Uniper alone receives around two-thirds of the levy. Uniper boss Klaus-Dieter Maubach had already spoken of more than 50 percent last week.

About 25 percent went to the renamed Gazprom Germania, which is now called SEFE, and its main contractual partners Wingas and VNG. RWE, in turn, has already declared for its trading subsidiary Supply

Meanwhile, the price of gas in Europe continued to rise, peaking by 18 percent to 292.50 euros per megawatt hour. This was explained in the market with the announcement of another interruption of Russian gas supplies to Europe through the Nord Stream 1 pipeline.

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