A spokesperson for the European Executive announced that the decision to extend the new fiduciary management regime of Rosneft's subsidiary in Germany will be applied indefinitely, replacing the previous six-month extensions. Rosneft's German subsidiary controls the PCK refinery, essential for fuel supply to Berlin and eastern Germany, including for airports and the chemical industry. The German government took over the financial management of this subsidiary in 2022, in response to Russia's invasion of Ukraine, which deteriorated long-standing bilateral energy relations. Rosneft did not provide a comment to Reuters' requests.
Sources
Comisia Europeană permite Guvernului de la Berlin să preia activele din Germania deținute de Rosneft
Comisia Europeană aprobă preluarea de către Berlin a activelor Rosneft din Germania
Comisia Europeană a aprobat "achiziţia controlului integral" de către Berlin a activelor Rosneft din Germania
Latest News
18:48
Man died after drowning in the sea, at Eforie Nord. He ignored the red flag and was rescued from the water by lifeguards three times.
18:30
Nicușor Dan and Maia Sandu discussed in Chișinău about European integration and energy security
18:18
Ilie Bolojan: Over 2,000 PNRR projects received in August / Unfinished works will be paid for by local authorities
18:08
The pharmaceutical group Minapharm will develop a candidate vaccine against the Bundibugyo Ebola strain, with funding of 16.5 million dollars.
17:39
The president of USR, Dominic Fritz, reacts to the revelations about Lucian Pahonțu
See more news