Russian Gas Giant Gazprom's Uk Division Is Considering A Rebrand To Distance Itself From The Kremlin, Report Says

State-owned Gazprom is Russia's biggest natural gas exporter.NIKOLAY DOYCHINOV/AFP via Getty Images Russian gas giant Gazprom's UK division is considering a rebrand, a report says. Gazrom Energy wants to distance itself from the Kremlin, the Financial Times reported. The company has struggled to stay afloat since Russia invaded Ukraine. The struggling British subsidiary of state-owned Russian gas giant Gazprom is considering a rebrand to distance itself from the Kremlin, according to a Financial Times report Monday.Gazprom Energy is mulling a name change to GM&T, an abbreviation of its UK parent company Gazprom Marketing and Trading, the FT reported."The top management is keen but the trouble is that it's not a radical rebrand so it's unclear whether it will make much difference," a person close to Kremlin-backed Gazprom told the FT.Europe relies on Russia for about 40% of its natural gas supply.