Germany seizes control of Russian oil refineries ...News

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Germany seizes control of Russian oil refineries
The move is aimed at ensuring the operation of three local Rosneft facilities after service providers allegedly refused to work with the Russian company Berlin is taking control of German subsidiaries of Russian oil major Rosneft, Rosneft Deutschland (RDG) and RN Refining & Marketing, putting them under trust management for six months, the German Ministry of Economics announced on Friday. According to the ministry, control will be given to the grid regulator Bundesnetzagentur (Federal Network Agency of Germany). The ministry explained that the step was taken to ensure the operation of three Rosneft oil refineries

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