Belgium, (Brussels Morning Newspaper) The German government placed Rosneft Deutschland under control of the Federal Network Agency (BNetzA) on Friday.
The subsidiary of Russian energy company Rosneft tested Germany’s resolve to wean itself off Russian oil imports, according to Reuters reporting.
Rosneft Deutschland operates oil refineries in Schwedt, Karlsruhe and Vohburg.
The trusteeship is Germany’s latest attempt to keep its energy industry afloat as it struggles with the energy crunch.
Continue reading Germany takes control of Rosneft Deutschland at Brussels Morning Newspaper.
