US EditionU.S. Gives Rosneft’s German Refinery Network Open-Ended Sanctions Exemption
6 Articles
6 Articles
U.S. Gives Rosneft’s German Refinery Network Open-Ended Sanctions Exemption
The U.S. government will exempt the German units of Russian oil major Rosneft PJSC from sanctions indefinitely, Reuters reported on Wednesday, noting that the exemption applies to Rosneft Deutschland and RN Refining & Marketing, both of which have been under German federal trusteeship since 2022. According to Germany's Economy Minister Katherina Reiche, the U.S. issued a "Letter of Comfort" on Tuesday, acknowledging that the two businesses had b…
Australian National Review - US to exempt Russian oil giant’s German units from sanctions – Bloomberg
Berlin is reportedly seeking to secure domestic refining operations as the Middle East conflict rattles global energy markets The US will exempt the German subsidiary of Russia’s state-owned oil giant Rosneft from sanctions indefinitely, Bloomberg has reported, citing sources. The arrangement, expected to be officially announced on Friday, would ensure continuing refining operations in Germany as the escalating Middle East conflict has triggered…
The United States has decided to exempt the German unit of Rosneft PJSC from sanctions imposed on the Russian oil giant indefinitely. This decision, the result of intense diplomatic negotiations, represents a significant achievement for Berlin and appears to be a direct consequence of the German Chancellor's recent visit to Washington.
The United States has agreed to exempt the German subsidiary of the Russian oil company Rosneft from sanctions imposed by Washington on Russia, Bloomberg reports.
The Iran war puts pressure on the energy market – also in Germany. An exception for Rosneft could facilitate German energy supply.
Hope for Pck-Schwedt: Majority Owner Rosneft Is Apparently to Be Permanently Freed From Us Sanctions
The Trump administration's sanctions threatened the refinery with insolvency. Now the hoped-for exception is to come for Germany. This is announced by a leading economic politician of the Union. The Federal Ministry of Economics itself is still covering up.
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