Handelsblatt: Rosneft is suing Germany over subsidiaries

BERLIN, 13 Oct – PRIME. Rosneft has filed a lawsuit against the German government over the transfer of German subsidiaries of the Russian energy company to the Federal Grid Agency for trust management, Handelsblatt reports.

Rosneft filed a lawsuit against Germany. The reason for this is the trust management of holdings in three oil refineries through German representatives. The lawsuit was filed in the federal administrative court in Leipzig on Thursday,” the newspaper writes, citing the law firm Malmendier Legal, hired by Rosneft for the lawsuit.

In September, the German Ministry of Economics and Climate Protection announced that the German Cabinet had transferred Rosneft’s subsidiaries – Rosneft Deutschland and RN Refining & Marketing – under the control of the Federal Network Agency. The agency thus gained control of Rosneft Deutschland and a corresponding stake in three refineries: PCK Schwedt, MiRo and Bayernoil.