Germany takes control of stakes in Rosneft oil refineries
The country takes temporary control of Rosneft subsidiaries in a move to bolster energy security. …
Rosneft Deutschland, which accounts for about 12% of German oil processing capacity, will fall under the trusteeship of the Federal Network Agency regulator, which said the original owner no longer had authority to issue instructions. The regulator was also handed control of Rosneft subsidiary RN Refining and Marketing.
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