Gazprom's, BASF's Wingas JV Squeezed

摘要

Germany's No. 3 gas marketer Wingas says it has lured customers away from its larger rivals. But a 4% dip in first quarter sales, plus grumbles over rivals and regulators, suggest the BASF-Gazprom joint venture is drifting while Germany's four energy giants - E.On, RWE, EnBW and Vattenfall - grow ever larger.