SEFE Securing Energy for Europe GmbH, registered in Berlin, Germany, is an international energy company, with entities operating in countries in Europe, Asia and North America. The company delivers around 200 terawatt hours (TWh) of natural gas annually to industry and other customers in Germany, the United Kingdom and seven other markets. As well as sales of gas and power, the company is also active in sourcing and trading, transportation and storage. The company owns significant gas pipeline networks in Europe and operates 25 per cent of Germany’s total gas storage capacity.
Under the former name Gazprom Germania GmbH, it was a 100% subsidiary of the world's largest natural gas company, Gazprom, from 1990 to 2022. In the aftermath of the Russian invasion of Ukraine in 2022, the company was placed under the trusteeship of Germany’s federal energy regulator – the Federal Network Agency – in April 2022. In December 2022 the company was nationalised and since then has been owned by the German Federal Government.[2] The company is expected to be privatized by the end of 2028.[3]
General overview
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.