Lukoil, Rosneft and US sanctions
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Germany's economy minister told Reuters on Tuesday that the U.S. government had provided written assurance that the German business of Russia's Rosneft would be exempt from new energy sanctions because the assets are no longer under Russian control.
(Reuters) -Washington has floated a six-month deadline for Berlin to sort out the ownership limbo affecting the German assets of Russian oil major Rosneft, allowing Rosneft to be temporarily exempted from U.S. sanctions, Bloomberg News reported on Monday, citing people familiar with the matter.
US exempts Rosneft’s German arm from sanctions after confirming it’s no longer under Russian control, easing Berlin’s energy and refinery supply concerns.
The U.S. government has provided written guarantees that Rosneft's assets in Germany will not fall under American sanctions against Russia, as they are not under Russian control. — Ukrinform.
Rosneft PJSC’s German unit may be cut off from key customers since it wasn’t excluded from the latest US sanctions against Russia, people with knowledge of the matter said.
Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a major step by effectively blacklisting Rosneft and Lukoil.
NEW DELHI (Reuters) -Privately-owned Reliance Industries will stop importing oil under its long-term deal to buy nearly 500,000 barrels per day of crude from Russian oil major Rosneft, after the oil producer was sanctioned by the United States,
Washington has floated a six-month deadline for Berlin to sort out the ownership limbo affecting the German assets of Russian oil major Rosneft PJSC, allowing them to be temporarily exempted from US sanctions,