Press Releases

VNG AG has reached a settlement with the German federal government regarding compensation for financial losses related to replacement costs incurred under the contract with Gazprom Export LLC (GPE), eliminating the residual risk associated with gas replacement costs.

VNG AG, the German gas company based in Leipzig, and Total Eren, a leading renewable energy Independent Power Producer (“IPP”) based in Paris, are pleased to announce that they are joining forces for the development of green ammonia imports in Europe.

Focus on diversification in energy crisis: Talks about green hydrogen value creation and a visit to the Bad Lauchstädt Energy Park.

VNG Handel & Vertrieb GmbH (VNG H&V), a subsidiary of VNG AG, and SEFE Securing Energy for Europe GmbH (formerly GAZPROM Germania GmbH) – via its subsidiary WIEH GmbH (WIEH) – today reached an out-of-court settlement on apportionment of the costs of replacement procurement incurred as a result of the Russian GAZPROM Export LLC ceasing to supply WIEH. 

The Dutch hydrogen company HyCC and the German gas company VNG AG have launched project “GreenRoot” for the development of large-scale green hydrogen production to help industries in Central Germany reduce their CO2-emissions. 

VNG AG has today submitted an application to the German Federal Ministry for Economic Affairs and Climate Action (BMWK) for stabilisation measures under section 29 of the Energy Security of Supply Act.