The European Commission on Friday approved a new trusteeship structure that establishes Berlin’s long-term control over the German assets of Russian oil group Rosneft , part of efforts to find a structural solution for the business.
The assets, which include stakes in the PCK Schwedt, MiRo and Bayernoil refineries, were placed in the German government’s trusteeship in 2022 after Moscow’s invasion of Ukraine rocked Germany’s decades-long energy ties with Russia.
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Source: Reuters | Published: 2026-02-20T14:18:29Z
Credit: Reuters
