In a statement to the
The troubled Kremlin-backed supplier is reportedly chasing buyers following a mass exodus of major clients after
Gazprom Energy supplies energy for
Gazprom Energy is likely too big for Ofgem's supplier of last resort process.
If the firm collapses, it could fall into special administration alongside Bulb Energy - which has been propped up with £3bn of public funds.
Ofgem told City A.M. Gazprom Energy continues to trade in the
Gazprom Energy is well placed to attract interest from buyers, as it does not sell gas from its Russian parent but instead resells gas from the
This comes from multiple providers including the
In contrast to households, business energy suppliers are not limited with any cap on how much they can charge.
(c) 2022 City A.M., source