Russia's state-controlled oil giant Rosneft has launched a sales process seeking to divest its German assets, which include a majority stake in a major refinery that is currently under German trusteeship
Russia’s state-controlled oil giant Rosneft has launched a sales process seeking to divest its German assets, which include a majority stake in a major refinery that is currently under German trusteeship, a spokesperson for Germany’s economy ministry told Bloomberg on Friday.
The trusteeship of Rosneft’s assets has been extended twice for a period of six months, and the current six-month period of trusteeship expires on March 10, 2024. “Rosneft Russia has now stated that it has started a sales process and wants to finalize this during the period of a further trusteeship extension,” the spokesperson of the economy ministry said in a statement carried by Bloomberg.
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