U.S. Floats Six-month Window for Germany to Resolve Rosneft Ownership Issue — Bloomberg
Photo: Ill. Purposes, Booster Pump Station DNS-24, RN-NyaganNefteGaz. 2015. Details: Date: 11 November 2015, 23:42:57 Source: Own work Author: Trevbus Licensing: This file is licensed under the Creative Commons Attribution-ShareAlike 4.0 International license.
The United States has urged Germany to develop a plan for the future ownership of Rosneft Deutschland GmbH and RN Refining & Marketing GmbH, citing Bloomberg.
The proposal aims to prevent disruptions at German refineries while Berlin finalizes a long-term legal arrangement for the assets, which have been under German trusteeship since September 2022.
The trusteeship currently runs until March 2026.
Officials familiar with the discussions said the licence would be non-renewable and focused solely on enabling continued operations during the transition. Germany is reviewing the proposal and is expected to respond shortly.
The assets represent about 12 percent of Germany’s refining capacity, including stakes in the PCK Schwedt, MiRO Karlsruhe, and Bayernoil refineries. Berlin has sought to secure the units under non-Russian ownership since 2022, but efforts to find a buyer — including negotiations with Qatar — have stalled.
The outcome of the current talks will determine whether Rosneft Deutschland can continue operating under a temporary U.S. licence while Germany completes ownership restructuring.
Latest news
- U.S. Issues Written Assurance Exempting Rosneft Germany from New Sanctions — Reuters
- Oskemen: Authorities Announce Air Quality Measures
- Prosecutor Seeks 15-Year Sentence for Khasan Kasymbayev
- Two KNB Employees and Three MIA Employees Implicated in Drug Smuggling and Money Laundering Case
- KNB Anti-Corruption Agency Investigates Officials in Turkistan Region
- Ahead of Toqayev’s Visit to Washington: U.S. Envoys Sergio Gor and Christopher Landau Visit Almaty
- Finnish President Alexander Stubb Visits Astana for Official Talks
- Court Concludes High-Profile Nazira Gold Case in Shymkent
- Almaty Ranks Fourth Among the World’s Most Polluted Cities
- U.S. Floats Six-month Window for Germany to Resolve Rosneft Ownership Issue — Bloomberg
- Convicted for Corruption: Ex-Deputy Akim Known for Praising Nazarbayev Seen at Celebration
- Man Serving Sentence in Abay Region Dies, KUIS Confirms
- Kazakhstan May Begin Supplying Uranium to Finland
- Thousands of Railcars Backed Up at the Chinese Border as Temir Joly Restricts Exports
- Financing for Oskemen and Semey Power Plants Not Yet Determined
- EAEU: Russia Introduces Temporary Rules for Goods from Kazakhstan and Kyrgyzstan
- ForteBank Issues $400 Million in Perpetual Subordinated Bonds
- Afghanistan: Ethnic Kazakhs Seek Return to Homeland Amid Ongoing Instability
- Kazakhstan Still Seeking Investor for Yekibastuz Power Plant Project
- Kazakhstan: Vice Energy Minister Comments on Experts' Concerns Over Possible Diesel Shortage Amid Low Prices
