“ German Economy Minister Ekaterina Reiche said that the US government has provided written guarantees that the German “daughter” of the Russian company “Rosneft” will be exempted from new energy sanctions, since this asset is no longer under Russian control. Source: Reiche in a comment to the Reuters agency, “European Truth” Details: The minister said that the USA issued a “letter of guarantees” on the evening of October 27, in which it was recognized that the activities of the Rosneft company in Germany were completely separated from the Russian parent company. Germany appealed to Washington for clarification after the administration of President Donald Trump introduced sanctions against the companies “Rosneft” and “Lukoil”. The German government confiscated Rosneft’s assets after Russia’s full-scale invasion of Ukraine in 2022 and has repeatedly extended the term of the trust 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.”, — write: www.pravda.com.ua
Oil refinery in Schwedt. photo by Getty Images Source: Reiche in a comment to the Reuters agency, “European Truth”
Details: The minister said that the USA issued a “letter of guarantees” in the evening of October 27, in which it was recognized that the activities of the Rosneft company in Germany were completely separated from the Russian parent company.
Advertising:
Germany appealed to Washington for clarification after the administration of President Donald Trump introduced sanctions against the companies “Rosneft” and “Lukoil”.
The German government confiscated Rosneft’s assets after Russia’s full-scale invasion of Ukraine in 2022 and has repeatedly extended the term of the trust 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.