“ The US has given Germany a six-month deadline to resolve the issue of ownership of the German assets of the Russian oil company “Rosneft”, which will allow them to be temporarily exempted from US sanctions. Source: as “Europa Pravda” writes, this was reported by the Bloomberg agency with reference to sources. Details: According to Bloomberg, the Trump administration informed the German side that it is considering the possibility of granting a time-limited general license to “Rosneft Deutschland”, which will allow it to be temporarily excluded from the effects of US sanctions. The agency’s sources added that Germany is evaluating the idea and will respond in the coming days, and German Economy Minister Kateryna Reiche intends to discuss the issue at a meeting of G7 energy and environment ministers this week. The German government confiscated Rosneft’s assets after Russia’s full-scale invasion of Ukraine in 2022 and has repeatedly extended the trusteeship term since then. Germany had an agreement with Russia to sell Rosneft Deutschland. Qatar was considered as a buyer, but the negotiations ultimately failed because the parties could not agree on a price. Rosneft Deutschland owns shares in three German refineries, which provide 12% of Germany’s total refining capacity, so sanctions could be painful for the country. The German side seeks to secure Rosneft’s assets on its territory by November 21, when US sanctions will come into force.”, — write: www.pravda.com.ua
Source: as “Europeyska Pravda” writes, this was reported by the Bloomberg agency with reference to sources
Details: According to Bloomberg, the Trump administration has informed the German side that it is considering granting Rosneft Deutschland a time-limited general license that would allow it to be temporarily exempted from US sanctions.
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The agency’s sources added that Germany is evaluating the idea and will respond in the coming days, and German Economy Minister Kateryna Reiche intends to discuss the issue at a meeting of G7 energy and environment ministers this week.
The German government confiscated Rosneft’s assets after Russia’s full-scale invasion of Ukraine in 2022 and has repeatedly extended the trusteeship term since then.
Germany had an agreement with Russia to sell Rosneft Deutschland. Qatar was considered as a buyer, but the negotiations ultimately failed because the parties could not agree on a price.
Rosneft Deutschland owns shares in three German refineries, which provide 12% of Germany’s total refining capacity, so sanctions could be painful for the country.
The German side seeks to secure Rosneft’s assets on its territory by November 21, when US sanctions will come into effect.